Definition

PPM (project and portfolio management)

PPM (project and portfolio management) is a strategic prioritization methodology employed to analyze and manage current or proposed projects within an organization. The aim of PPM is to determine the best grouping and sequencing of projects to achieve organizations' business goals, in order to see them through from concept to completion.

Projects are typically analyzed based on the nature of the project, expected benefits and costs, resource consumption and their relationship to other priorities within an organization's wider portfolio of projects.  Often, organizations will implement  PPM software tools to aid in the decision-making process.  PPM tools are used to enable visibility, standardization, measurement and process improvement. A strong IT governance structure is considered a crucial component of a project and portfolio management strategy as well.

Contributor(s): Karen Goulart
This was last updated in March 2012
Posted by: Margaret Rouse

Email Alerts

Register now to receive SearchCIO.com-related news, tips and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Do you have something to add to this definition? Let us know.

Send your comments to techterms@whatis.com

There are Comments. Add yours.

 
TIP: Want to include a code block in your comment? Use <pre> or <code> tags around the desired text. Ex: <code>insert code</code>

REGISTER or login:

Forgot Password?
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
Sort by: OldestNewest

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to: