Project Portfolio Management (PPM) tools are a suite of software applications designed to help organizations manage their projects and portfolios more effectively. PPM tools are used to identify, prioritize, and manage projects and portfolios in order to maximize their value and optimize their performance. PPM tools enable organizations to align their projects and portfolios with their strategic objectives, helping them to achieve their desired outcomes. PPM tools also provide organizations with the ability to track and monitor the progress of their projects and portfolios, as well as identify and address any potential risks. By using PPM tools, organizations can better manage their resources, reduce costs, and increase their return on investment. PPM tools are essential for any organization that wants to remain competitive in today’s ever-changing business environment.