PPM stands for project portfolio management. It is a system that identifies, combines, and evaluates ongoing and proposed projects within a company in order to determine the overall value they bring to the organization. PPM typically uses software and other tools to analyze projects in order to better understand their scope, objectives, resources, risks and more. The main objective of the PPM process is to maximize the value of IT investments to ensure the projects most beneficial to the organization are chosen and completed in a timely and cost-effective manner. PPM also helps to measure project performance and ensure various departments are adequately staffed and managed. It helps in defining and standardizing project management protocols, setting project plans, monitoring progress, and evaluating outcomes. The benefits of PPM help to align organizations and departments for success.