Project Portfolio Management
PPM means realism, rationality, and visibility
Who needs PPM?
Great Budget collects project cost/ risk and schedule data. For small organizations and occasional projects this may be sufficient. For mid size organizations, portfolio
management is necessary because it provides cost/ benefit analysis of the risk and rewards for projects.
Organizations are project-driven, project-dependent or both.
To compare projects and incorporate new projects into an existing cycle requires project portfolio management. This reduces resource bottlenecks and ensures projects contribute to the corporate direction.
Data collected can be used for corporate budgeting, including historical analysis and trending. Budgets forecasts can be quickly revised and finance staff can devote more time to analysis and modeling.