PPM tools help business leaders align organizational goals with teams’ efforts and provide a structured approach to managing the overall project portfolio, including resource allocation strategies, risk management and performance measurement.

SEE: Hiring kit: Project manager (TechRepublic Premium) Project portfolio management software centralizes the management of an organization’s projects by helping managers determine which resources to allocate to a specific project.

To keep everyone in sync and ensure they consistently deliver quality projects, organizations need a way to consolidate these various initiatives across the company.

For more info, visit our Terms of Use page.Īs companies grow, they tend to handle more projects, with main teams and subteams managing different projects. This may influence how and where their products appear on our site, but vendors cannot pay to influence the content of our reviews. We may be compensated by vendors who appear on this page through methods such as affiliate links or sponsored partnerships. 7 best project portfolio management (PPM) software for 2023Ĭompare the best project portfolio management software, and learn more about pricing, standout features, and pros and cons with our guide.

Building project management software