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Read: 6 Steps for Effective Portfolio Management
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Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
Gartner analysts observe many clients focused on enhancing the collaboration, communication and resulting project portfolio-level reporting needed to gain first-line visibility into project demand, project status, resource capacity and utilization, and cost estimates versus actuals.
PPM leaders recognize that the primary value of projects goes beyond delivering on-time and on-budget projects, and rather ensures the expected business outcomes and realized value. Further, they are increasingly aware that the biggest changes from project activities are actually people-oriented, and that they influence culture and mind-sets across the enterprise.
Successful project management is characterized by the ongoing development and refinement of methods and practices and ensuring that any software tools deployed meet the needs without becoming a burden.
Read: 6 Steps for Effective Portfolio Management
Download: Gartner Magic Quadrant for Project and Portfolio Management
Learn: How Gartner Supports Program and Portfolio Management Leaders
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