P3M

P3M typically stands for "Project, Program, and Portfolio Management." It encompasses the processes and practices used to manage projects, programs, and portfolios effectively within organizations. Here’s a brief overview of each component: 1. **Project Management (PM)**: The discipline of planning, organizing, and managing resources to achieve specific goals and objectives within a defined timeline. Projects have a clear beginning and end and often focus on delivering a specific product, service, or outcome.