It Portfolio Management Software is a type of software that helps organizations manage their IT portfolios. It is designed to help businesses better understand their IT investments, prioritize projects, and maximize their return on investment. It can also help organizations manage their IT resources more efficiently and reduce costs. By providing an integrated view of all IT investments, it enables organizations to better align their IT investments with their business objectives. Additionally, it can help organizations identify and address potential risks associated with their IT investments. Furthermore, it can help organizations improve their IT governance and compliance, as well as optimize their IT investments. Ultimately, It Portfolio Management Software helps organizations make better decisions about their IT investments and achieve their business goals.