A PPM application is the process of managing and monitoring projects, tasks and activities and controlling the cost, duration and quality associated with those projects, tasks and activities.

PPM stands for Project Portfolio Management and is a strategy used to deliver the highest value to an organization through the effective management of potential projects, tasks and activities. This type of application allows an organization to construct an effective portfolio of projects and tasks, evaluate their associated risks and costs, and maximize their collective success. It is also a tool to help prioritize, select and manage projects and tasks based on their value to the organization.

PPM applications also provide a platform to track progress, analyze performance, and facilitate communication between team members and stakeholders. These applications are designed to help organizations to optimize resources, maximize return on investment, and reduce risks associated with projects, tasks and activities.