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Project Portfolio Management Tool

oboloo Glossary

Project Portfolio Management Tool

Project Portfolio Management (PPM) is a tool used by businesses to help them prioritize, manage, and execute their projects. It helps to identify, assess, and select projects that are aligned with the company’s strategic objectives and that have the highest potential for success. PPM is a tool that helps to manage the entire portfolio of projects, from the initial idea to the completion of the project. It allows businesses to analyze the potential of each project and decide which ones to invest in and which ones to reject. PPM also helps to manage the resources allocated to each project, ensuring that the resources are used efficiently and effectively. It helps to identify any risks associated with each project and to develop strategies to mitigate those risks. Finally, PPM helps to track the progress of each project and to ensure that it is completed on time and within budget. PPM is an invaluable tool for businesses, as it helps them to maximize their investments and to ensure that their projects are successful.

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