1 / 8

The Role of IT Portfolio Management

The Role of IT Portfolio Management . Yong Mai BADM 559 – Enterprise IT Governance . Background. Organizations can easily devote up to 50% of their capital investment in IT projects.

mira
Télécharger la présentation

The Role of IT Portfolio Management

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Role of IT Portfolio Management Yong Mai BADM 559 – Enterprise IT Governance

  2. Background • Organizations can easily devote up to 50% of their capital investment in IT projects. • About 75% of the IT organizations still have limited supervision over their project portfolios and employ dysfunctional planning processes. • Lack defined processes for initialing projects and reviewing project proposals • Fail to look at the entire IT budget as a unified set of investments. • More projects are executed than capable of managing

  3. Why IT Portfolio Management? • Companies need proper processes and systems to evaluate the performance of IT services • IT Portfolio Management helps companies • Gain greater control over their IT projects • Provide meaningful value to the business. • Making sure that the funds are assigned to the most suitable project that generates the greatest return and value

  4. Why IT Portfolio Management? • Annually, companies that fully utilize integrated IT portfolio management show saving of 2%to 5% in their IT budgets. • Companies can generate up to 40% greater return than their competitor if they oversee the entire lifecycle of the portfolio management. • There’s no single right way to do IT portfolio management, the challenge, however lies in doing it well.

  5. Integrated Portfolio Management Process • Initiation • Proposed IT applications are initially reviewed in terms of their values as potential investments • Evaluation • Interdependencies between projects need to be identified and understood. • Identify redundant projects or projects that will yield low returns.

  6. Integrated Portfolio Management Process • Prioritization • Takes into consideration the financial cost and benefits, risk, business value, and strategic alignment of the project. • “What If” Analysis • Graphical analysis • Scoring or Categorizing

  7. Integrated Portfolio Management Process • Monitoring • Projects are constantly observed until they are completed • Summary information about the status of each project is regularly updated. • This information would be used to update the portfolio financial information to complete the portfolio analytical cycle. • Companies would be able to respond quickly to market changes.

  8. Take Away • When implemented correctly, IT portfolio management guide the companies’ allocation of IT resources in support of their mission and programs. • Greater visibility • More control over IT processes • Better focus on quality • Delivers direct results, which add greater value to the business

More Related