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Glossary

Project portfolio management (PPM)

Project portfolio management (PPM) is the centralized management of an organization's projects as a single portfolio. Instead of looking at each project in isolation, PPM treats them as a set to be prioritized, funded, and balanced against strategy and capacity.

Why it matters

A single project can succeed while the portfolio fails — too many projects competing for the same people, or low-value work crowding out the work that drives strategy. PPM exists to answer questions a single-project view cannot:

  • Are we working on the right projects?
  • Do we have the capacity to deliver everything in flight?
  • Where are the cross-project risks and dependencies?

PPM vs project management

Project management is about delivering one project well. Portfolio management is about choosing and balancing the set. They are complementary: good project management feeds the portfolio reliable data, and good portfolio management directs project managers toward the highest-value work.

How AI helps

Keeping a portfolio view current is traditionally heavy manual work. When the portfolio is led from the same data as the projects, AI can keep the view across schedules, resources, budgets and risks current and surface cross-project dependencies before they cause delays. See leading a project portfolio with ProjectBuddy or the guide on AI in project management.

New perspectives on project leadership

Ideas, practices and AI opportunities for leading projects and the project business.

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