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White Paper Description
Two models exist for implementing project portfolio management (PPM) systems: the engagement profitability model, and the budget alignment model. The former uses projects and programs as vehicles for managing revenue-generating engagements. The latter is an operational environment where project value varies, and project costs constitute an expense overhead. PPM can align these models to shorten engagements through standard implementation plans.
Related Topic: Project Portfolio Management (PPM)
Related Industries: Management, Scientific, and Technical Consulting Services, Management of Companies and Enterprises
Related Keywords: PPM, PMO, professional services automation, Innotas, engagement profitability, project portfolio management, project management office, IT governance, PSA, budget alignment
Source: Configuration Solutions, LLC
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