page_title: Project portfolio management
section_title: Project Portfolio Optimization
hierarchical_section_title: Project portfolio management / Project Portfolio Optimization
caption_attribution_description: English: Net Present Value vs Payback Period and Strategic Value in the Project Portfolio Management Simulation SimulTrain+ halps to define the funding priority.
context_page_description: Project Portfolio Management is the centralized management of the processes, methods, and technologies used by project managers and project management offices 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. The International standard defines the framework of the Project Portfolio Management
context_section_description: A key result of PPM is to decide which projects to fund in an optimal manner. Project Portfolio Optimization (PPO) is the effort to make the best decisions possible under these conditions.
caption: An example of defining funding priority by the chart : Net Present Value vs Payback Time and Strategic Value in Project Portfolio Management simulation SimulTrain.
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