This document discusses using business process management (BPM) with SAP solutions to optimize portfolio and project management. It provides examples of business processes that are good candidates for BPM, such as manual processes with limited visibility and flexibility. The key capabilities of BPM include integrated process monitoring and measurement, tools to drive process improvement, and graphical workflow status views. BPM can be used to model project-oriented processes and automate events. It discusses using BPM components like the process modeler, orchestration engine, and portal together to manage operations, monitor health, and optimize processes.