Don't confuse PPM recent popular concepts, such as enterprise project management and professional services automation. These are an expansion of project management, but in a totally different direction. And neither addresses the alignment of projects with strategies or the science of selecting the right projects. Neither of these provides for project portfolio governance.
Another key misconception is to think of PPM as the management of multiple projects. Yes, PPM does address this. But the primary and unique aspect of PPM is what it does to formalize and assist in the selection of projects.
We talk about why we need PPM in Chapter 1.1 and about what PPM is and is not in Chapter 1.2. But here's a brief look.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.