Three reasons for project managers to embrace PPM—Realism, Rationality, and VisibilityProject portfolio management (PPM) is HOT. On a recent morning, my inbox yielded five Gartner, Inc. announcements about major software players adding to their PPM capabilities. Books, articles, white papers, Web sites, and conferences on the topic proliferate. “So what?” you may ask. I understand; for the project managers and teams working “in the trenches” of projects day to day, the latest trend in project management theory or software often looks like “more work for me” or “more empty rhetoric from consultants and management.”

But here are three reasons why the rank-and-file of project management should not only welcome PPM initiatives, but actively work for them at the grassroots level.

1. PPM brings realism to an organization’s planning processes.

2. PPM brings rationality in the allocation of resources, both human and financial.

3. PPM brings visibility to project work and project people.

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