Author Archive
Portfolio Management for Effective Resource and Project Planning – Pt. 2
In Part 1 of this series, we laid the groundwork for understanding effective resource and project planning in large corporations.
What is Portfolio Management, and why is it important in today’s business environment?
Information Technology Portfolio Management concepts are frequently compared to Financial Portfolio Management. The Information Technology Portfolio differs from an individual’s financial portfolio in the need to evaluate the information technology spending as a whole. Todd Datz describes the nature of an Information Technology Portfolio as “managed like a financial portfolio; riskier strategic investment (high-growth stocks) are balanced with more conservative investments (cash funds), and the mix is constantly monitored to assess with project are on track which need help and which should be shut down.” The investment decisions of an individual are similar to the investment decisions of a company.
Portfolio Management for Effective Resource and Project Planning – Pt. 1
Portfolio Management is gaining momentum with the increase in mergers and acquisitions. In an environment of driving growth, it is vital to large corporations to manage their information technology resources efficiently. The decision to select one project over ten others is an increasingly complex process. Every organization has limited resources to complete projects. Portfolio Management provides standards for decision-making in large organizations.
