oboloo Glossary

Project Portfolio Management System

oboloo Glossary

Project Portfolio Management System

Project Portfolio Management System (PPMS) is a formalized system for managing and optimizing a company’s portfolio of projects. It is designed to help organizations identify, prioritize, and select the right projects to achieve their strategic objectives. PPMS helps organizations to align their projects with their overall strategy, ensuring that they are focused on the right projects at the right time. It also helps to identify and manage the resources needed to complete the projects, and to monitor progress and performance. PPMS is a powerful tool for organizations to maximize the value of their investments in projects and to ensure that they are achieving their desired outcomes. By using PPMS, organizations can better understand the risks and opportunities associated with their projects, and can make informed decisions about which projects to pursue and which to abandon. PPMS is an invaluable tool for organizations looking to maximize their project investments and ensure that their projects are successful.