Project Portfolio Management (PPM) is the art and science of making decisions about projects mix and strategy, matching projects to objectives, asset allocation for individuals and institutions, and balancing risk against performance and market prospects.
PPM is all about strengths, weaknesses, opportunities and threats in the choice of high- value trade-offs encountered in the attempt to maximize project investment return at a given appetite for risk.
FLIGHTMAP provides centralized and comprehensive management of project portfolios, and is used by project managers, project management offices (PMOs) and executives to analyze and collectively manage current or proposed projects based on goals, objectives and strategy.
Effective PPM determines the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals from projects. While honouring constraints imposed by customers, finances, strategic objectives, or external real-world factors.