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Project Portfolio Management in the context of ]po[ refers to managing and analyzing a group projects based on numerous key characteristics. The objective of PPM is to determine the optimal mix and sequencing of projects to achieve the organization's overall goals.
Analyzing and collectively managing a group of current or proposed projects according to a number of variables including estimated cost, estimated profit, risk, success probabilities etc.
Capture proposals for new projects and project changes
Create an inventory of existing projects to provide visibility to projects and ensure responsiveness about ongoing activity
An inventory of ongoing projects
A list of project proposals
A classification of projects according to a number of variables
A prioritized list of projects
Permissions to start new projects
Decisions to stop or delay ongoing projects.
Process Support by ]po[
The following ]po[ packages provide support for this process:
core package provides the means to capture project proposals and ongoing projects.