Project Portfolio Management Software is a platform for automating key processes for managing project portfolios, programs, and individual projects in large organizations under tight time, resource and financial constraints. This software increases awareness of managers, allowing them to work more organized and effectively. The dependencies between projects become clearer thanks to this tool, thus you’re able to keep balance. It also gives the possibility to manage projects during their whole life cycle, find out possible risks, allocate resources and monitor the performance. It’s more beneficial than traditional project tools, but requires more time and efforts to implement.
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