SAP Portfolio and Project Management (PPM) addresses an organization's need for strategic and operational portfolio management. It's an enterprise-level solution for the management multiple and different portfolio types, including product innovation management, professional service portfolios, and enterprise IT portfolios. Furthermore it serves as an important link between the strategic level of company management and the operative project business.

SAP PPM helps to control projects, products and services across their life cycles. It also allows companies to standardize and improve project management execution and reduce associated administrative and system costs. This is done by providing reliable project management functions, which also can be integrated into the company’s back-end systems (for example HR or FI system). SAP PPM also helps companies make the right decisions on innovation opportunities early in the development process by aligning activities, resources and budgets associated with new projects and portfolios.