Throughout the project management procedure, many companies often experience several questions and problems, like there's no clear connection between the strategy and project portfolio, there isn't any conditions for inclusion in the portfolio, the project interactions are not monitored, the projects hold or stop entirely at various phases of negotiation without valid reason, and so on. All this leads to the reality that investment funds are organized ineffectively, and often aren't spent in the execution of the project portfolio.

To prevent this type of problem and to make sure the effective planning and spending of investment resources must be the main task of the company administration. To resolve this matter, there are utilized special techniques and tools for project portfolio management, or shortly called PPM.

EPMA is one of the top service in this area and may give your business excellent solutions. Usually, project portfolio management contains:
- Development of the portfolio:
- Creation and approval of business plan;
- Rating and selection of projects in the portfolio;
- Acceptance of projects to the implementation of the portfolio.
- Supervising of the implementation of project portfolio:
- Allocation of resources between projects in the application of the portfolio;
- "Freeze" and restart projects;
- Accounting Project linkages and cross-project resolution of conflicts.

Problem-solving in project portfolio management is important for the company, as it offers linking projects with company strategy and decision to put into action the very best and appropriate projects for the business.

As the technology advances, you can also find excellent IT solutions for PPM. These solutions depend on the Microsoft Project Server software.

Using this tool, you can:
- Explain the company's strategy by identifying the weight of every strategic objective and setting criteria for its accomplishment;
- Create a portfolio of projects in view of the strategic importance and cost effectiveness of every project;
- Carry out modeling portfolio, adapting for different factors - such as budget and resource constraints portfolio;

There are more functions and opportunities with this type of method and the results are excellent. You'll have the transparency of the process of formation of a project portfolio, choice of the best parts in the portfolio of projects for the company, linking the project portfolio with the company's development strategy, effective management, plus more. Making use of PPM is a smart decision for your business. For details about Project Training Resource Scheduling check this webpage https://youtu.be/Fvoc-Eh5_Ww