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Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.
Project production management (PPM) [1] [2] is the application of operations management [2] [3] to the delivery of capital projects. The PPM framework is based on a project as a production system view, [1] [2] [3] in which a project transforms inputs (raw materials, information, labor, plant & machinery) into outputs (goods and services).
PLANTA Project, along with the additional functional components PLANTA Portfolio for project portfolio management, PLANTA Request for Request Management or Change Management as well as PLANTA Link for the exchange of data with other systems (e.g. with ERP systems) is an Enterprise Project Management System (see "Product Portfolio: Software products for company wide project management" on page ...
Project Portfolio Management includes the creation of various scenarios to decide which is the best portfolio (for a certain year, business, budget, etcetera). Once the contents of the portfolio are agreed upon, it is key to constantly scrutinize how the individual projects are evolving in terms of quality, cost and schedule .
A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. [9] and for the first time it includes an "Agile Practice ...
An increasing number of organizations are using what is referred to as project portfolio management (PPM) as a means of selecting the right projects and then using project management techniques [81] as the means for delivering the outcomes in the form of benefits to the performing public, private or not-for-profit organization.
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