Project portfolio management (PPM), once a solution only larger organizations could afford, enables companies to analyze, recommend, authorize, activate, expedite, and monitor projects. In recent years, however, small to medium businesses have been able to benefit from PPM too, through software-as-a-service models of this tool.
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and development (R&D) productivity How Organizations Should Support PPM To support a PPM system, organizations must have an internal process for each of the following: 1. Governance —the executive role in the decision-making process, usually conducted by a C-level executive who determines what projects to approve or reject, as priorities are determined when to activate projects, and establishes their completion dates what resources are required (both capital and human), and sets the project budget 2.