Project portfolio management (PPM) is a process to obtain project management information of all resources, time, budget, and labor skills in order to align, manage, and review these elements--and to ensure deliverables are being met in terms of project milestones, in accordance with the work breakdown schedule.
In a time of economic and business uncertainty, PPM may be the prescription to
best long-term approach. A PPM solution equips an IT manager with the ability to measure an organization's available resources (primarily, time, labor, and budgets) against pending projects, and align resources with business objectives, in order to fully measure return on investment (ROI) prior to launching a project. In using a PPM tool, an organization has the ability to position IT initiatives into a lexicon that key non-IT-management personnel can understand. Project spending can be viewed as way of