Project portfolio management, or PPM, is a top-down process. A group of decision-makers in an organization, led by a portfolio manager, examines each potential project to first determine if the project supports the goals and objectives of the business. Projects that fail this first criterion are eliminated from selection. Project management is a profession that delivers outcomes that the organisation expects. PPM is much broader. It looks at the holistic view of all the projects and programmes in an organisation’s portfolio. The functions of PPM – more of which later – is often led or managed by the project management office or PMO. Essentially, a project portfolio is a portfolio that contains all of your department’s ongoing projects. Formalized PPM gives you a high-level view of all projects that are currently in progress Ensure project delivery success for all your projects and programs. Primavera P6 EPPM is an integrated project portfolio management (PPM) application that includes role-based functionality to match each team member’s needs and responsibilities. It provides executives with a real-time view of their organization’s project performance, equips The Best Free Project Management Software Of 2024. Notion: Best for API. Teamwork: Best for milestones. Smartsheet: Best for workflow automation. ClickUp: Best for unlimited free plan members PPM is the art and science of gaining command over the work and resources in one's project delivery organization. The holistic, closed-loop view of PPM feeds information to the portfolio level from the three more tactical PPM practices: Demand management, project/program management, and results management. One common misperception of PPM is See how project and portfolio management fits into SAP S/4HANA! First, master the PPM basics and learn about what types of projects you’ll encounter over your SAP S/4HANA lifecycle. Then walk through the major steps of project, portfolio, and resource management and preview key role-based SAP Fiori applications. SAP EPPM (Portfolio and Project Management) is the enterprise solution offering from SAP that supports the planning and execution of projects. SAP EPPM includes SAP PPM and SAP PS. SAP PPM is used to collectively manage and analyze for investment a portfolio of projects. In this sense, it is truly a traditional portfolio management tool. The Federal Acquisition Institute (FAI) has instituted a certification program for project managers. The Federal Acquisition Certification (FAC) for Program and Project Managers (P/PM) is used to establish criteria for project managers to become certified at three different levels. These levels are Level 1, Entry Level; Level 2, Journeymen Level; and Level 3, Senior Level. This paper describes Project portfolio management is the organization and management of all projects within an organization from a high-level perspective. Project portfolio management (PPM) can sometimes be confused with project management. However, they are very different. To point out the differences, we’ll briefly go over what project management is first. ZGjcA8G.