Portfolio Management
Portfolio Management for Effective Resource and Project Planning – Pt. 3
This is Part 3 of a series on Portfolio Management from Nancy Ingalls at Ingalls Consulting. You can go back to start reading this series from Part 1.
We’ll continue our topic with this question in mind: What metrics are used in the implementation of Information Technology?
The business case development captures the risk and rewards for a proposal. A strong business case is more import than ever. Companies are moving to a model that relies more on the true Return on Investment (ROI) then ever. The supporting information behind a proposal determines how it will compete with the multiple information technology priorities.
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.
