IDG Contributor Network: A business guide to project portfolio management

After agreeing what a project is and what it is not, I will define what project portfolio management (PPM) is through a business angle. The example I will share is from a large European bank for which I worked before, during and after the financial crisis in 2008. The bank had been severely hit by the crisis, and was trying to find survive. We  had more than 150 large projects (above 500.000 euro), but no one had a clear view of the status and the benefits that should be derived from those