Pipeline management involves steps to ensure that an adequate number of project proposals are generated and evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. PPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. 3 Enterprise project portfolio management.and Management of Portfolios by Office of Government Commerce. Standards for Portfolio Management include Project Management Institute's framework for project portfolio management.

The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. 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. JSTOR ( December 2014) ( Learn how and when to remove this template message).Unsourced material may be challenged and removed.įind sources: 'Project portfolio management' – news Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.

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