Features of project and portfolio management (PPM) software

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Group 1 – Last names beginning with A – F: What are some of the features of project and portfolio management (PPM) software? What are some of the popular and recommended tools on the market?\

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Project and portfolio management (PPM) software is essential for managing projects, programs, and portfolios effectively. The software has various features that help project managers to streamline project planning, execution, and monitoring, enabling them to make informed decisions founded on real-time information. In this post, we will explore some of the features of PPM software and popular tools in the market.

Features of PPM Software

Project Planning

PPM software enables project managers to easily create and manage project plans. The software allows users to define project scope, schedule tasks, allocate resources, and establish timelines (Kerzner, 2017). With the help of PPM software, project managers can create Gantt charts, work breakdown structures, and other visual tools that help to plan and track project progress.

Resource Management

PPM software provides project managers with an overview of available resources, including personnel, equipment, and materials. The software helps to assign tasks to available resources and track their progress. Additionally, PPM software can help in capacity planning, ensuring project teams have the necessary resources to complete projects successfully.

Time and Expense Management

PPM software enables project managers to track time and expenses associated with project tasks. This feature helps project managers monitor project costs and identify areas to optimize spending. Furthermore, PPM software can help with invoicing and billing, ensuring project expenses are accurately tracked and billed.

Risk Management

PPM software provides project managers with tools to identify and manage project risks. The software helps create risk profiles, identify potential risks, and monitor risk levels throughout the project lifecycle (Wideman, 2022). Additionally, PPM software can help in creating contingency plans to mitigate project risks.

Collaboration

PPM software enables project teams to collaborate effectively by providing a centralized platform for sharing information, communicating, and coordinating project activities. The software helps create a shared understanding of project goals, objectives, and timelines, enhancing teamwork and improving project outcomes.

Popular and Recommended PPM Tools in the Market

Microsoft Project

Microsoft Project is a popular PPM software tool that offers features for project planning, resource management, expense and time tracking, and risk management (Ferreira et al., 2018). The software also provides collaboration tools, including team communication and document sharing.

Wrike

Wrike is a cloud-based project management tool that offers resource management, project planning, as well as collaboration features (Özkan & Mishra, 2019). The software provides time and expense tracking tools, risk management, and team communication, making it a comprehensive PPM solution.

Jira

Jira is a popular software development tool that offers project planning, issue tracking, and collaboration features. The software provides advanced features for agile project management, making it an ideal tool for software development teams.

In conclusion, PPM software is essential for managing projects, programs, and portfolios effectively. The software provides features for project planning, resource management, time and expense tracking, risk management, and collaboration, enabling project managers to make informed decisions based on real-time data. Some of the popular and recommended PPM tools in the market include Microsoft Project, Asana, Trello, Wrike, and Jira.

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What are some of the features of project and portfolio management (PPM) software? What are some of the popular and recommended tools on the market?

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Many different environmental scientists have proposed different potential foundations for environmental ethics. Bryan Norton, in particular, proposes the idea of transformative value, which offers respectable and defensible approaches to protecting species and ecosystems. Transformative value has the ability to sort human demand values in a way that provides environmentalists a solid way to not only criticize modern society’s rampant overconsumption and materialism, but also creates a way to defensibly advocate for wild species and ecosystems.

To begin with, transformative value is the ideology that a person’s experience in nature can alter their real-life preferences, specifically in relation to consumption of goods and their ecological footprint. Aesthetic value splits into two different approaches, both of which fall in line with transformative value. Lilly-Marlene Russow follows a traditional approach, which is based on the value of physical experience in nature. People highly value experience; it is why people spend years planning on trips to Greece or to see the Mona Lisa in person. People do not travel across the planet because they have never seen a country or piece of artwork before but because the process of experiencing those things in person is so revered. Species and ecosystems evoke those same kinds of feelings. Visually appealing organisms like birds of paradise or African elephants and similarly appealing ecosystems like coral reefs and tropical rainforests evoke a sense of awe and admiration that is valuable to people, so individuals are more likely to protect them.

The desire to physically see these organisms or habitats further intensifies these feelings. While any person can look up pictures of sloths or vibrant coral, the potential to be close to the physical organism drives a desire to preserve them and their habitats. This also explains why endangered species have more done to protect them when compared to healthy species. Since there is a higher threat of losing the potential experiences forever, more work is put into saving and rebuilding those species rather than a well-populated one. The value of experience creates a ranking system that scientists are able to use to determine which species or ecosystem needs the most assistance and advocacy. In addition, Transformative value largely uses this experience desire as a stepping stone. Individuals who desire these experiences will want to protect these ecosystems and animals until they can have the opportunity to see them up close. Those who are able to actually achieve those experiences usually leave with a solidified respect and admiration for the species or ecosystem they visited. The vast amounts of social media posts about experiences like African safaris and hiking up mountains or scuba diving in the Great Barrier Reef show this change. The positive outcome of that experience solidifies already held values about that species or ecosystem, pushing people to pay more attention to the health of that location or species, specifically in how their own individual behavior affects those places. If a person, for example, tends to enjoy the beautiful colors of the Scarlet Macaw but watches one suffocate on a piece of plastic, they can experience a shift in their behavior. A general, vague admiration for the visual aspect

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