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Project Portfolio Management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors.
Companies Profiled in this report includes: CA, Inc, Celoxis Technologies, Changepoint, Corporation, HP Development Company, Innotas (acquired by Planview) , Planisware, Planview, Microsoft, Oracle, Workfront
PPM software solutions and related services are being increasingly used by enterprises to optimize resource utilization and mitigate risks associated with specific projects. With the growth of Bring Your Own Device (BYOD), the PPM software market is expected to gain traction in the next five years, owing to the need to provide real-time updates about projects to the teams.
PPM software is a tool that is extensively used for analyzing and collectively managing multiple projects. It constitutes a significant part of enterprise risk management and allows enterprises to obtain and view information about all available projects. PPM enables organizations to prioritize and sort each project based on various parameters such as the impact on resources and strategic value. It helps project management teams to add or remove items from the project execution process based on cost, benefits, and long-term effects.
Key questions answered in the report: What are the key factors driving the global PPM market?
What are the key market trends impacting the growth of the global PPM market?
What are the various opportunities and threats faced by the vendors in the global PPM market?
Key outcome of the five forces analysis on the global PPM market?
Growth forecast of the global PPM market until 2022?
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