Governance Alignment: Project Portfolio Management (PPM)

Via IBM: Project Portfolio Management (PPM): Aligning business and IT

Alignment of business and IT through a meaningful governance process enables selection of the right projects from the portfolio. Ashok Reddy, IBM, explores investing in IT like managing a financial portfolio of investments ...

... "Governance relates to the most important questions for software development and IT managers: Are we working on the right things, and are we building the right system? If their teams don't get this right, nothing else matters. A project might be successful from a schedule, budget, or scope perspective, but if it fails to meet business objectives, it fails overall. Efforts to align business and IT objectives are often thwarted by governance issues... " ...