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Enterprise project portfolio management (EPPM) is a top-down approach to managing all project-intensive work and resources across the enterprise. This contrasts with the traditional approach of combining manual processes, desktop project tools, and PPM applications for each project portfolio environment.
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).
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time and budget. [2]
The company was founded in 1989 in Austin, Texas, by Patrick Durbin. Durbin [12] is a pioneer in the project and portfolio management (PPM) industry who led Planview as CEO during the first 15 years of its growth. In 1997, the company launched its complete web-based resource and project portfolio management (PPM) software, Planview Enterprise.
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 ...
An even more recent evolution in Enterprise Project Management is to not only plan and track the existing set of projects, but to create a portfolio (per budget size, per calendar year, per budget year, per business line, et cetera) of existing and future (demand) projects. This is called Project Portfolio Management. Just like the management ...
In other words, in an Open Workbench plan, task schedule is driven by the number of hours each resource will work per week to cover the total number of hours required for the tasks, whereas Microsoft Project does the reverse by generating estimates for the resources based on the task duration rather than their work availability.