Project and portfolio management (PPM) is a strategy for evaluating and prioritizing potential projects. While project management is about successfully executing projects, PPM is about selecting the right projects at the right time, as part of a larger portfolio.
The goal of PPM is to increase efficiency by creating a streamlined process to assess each potential project. Then, you prioritize projects that will provide the most value, have the greatest potential for success, and align with overall business goals. When implemented well, PPM enables teams and organizations to focus on the most valuable projects.
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