Project Portfolio Management (PPM) helps companies to reach business success.
In the past, the focus of project management was on completing projects and satisfying project stakeholders.
Project Managers paid significant attention to the triple constraints: time, cost, scope (and quality).
But over the years, companies have noticed that project success does not always mean business success.
In fact, being on time and within budget is not enough to produce the results that senior management requests.
Project Portfolio Management (PPM) is the process of selecting, and managing, the best combination of projects for the company’s success.
Keep in mind: PPM helps to maximize the contribution of projects to the overall welfare of the company.