Monday, February 23, 2009

Strategic Position of Projects








IT project portfolios are currently under-review for reducing investment. Portfolio reviews are a healthy process. Visibility into the business case financials and support for the current business strategy are key inputs to enable the discussion. Exercising this (even if painful) will increase your process maturity, eventually leading to an increased return on the portfolio. ...

... "if the project really is strategic -- if it involves the executive team and will enable transformation across the business -- then it is by definition more than an IT project ... " ...


Via Computerworld: Project Portfolio Management

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posted by Frank M @ 8:36 PM, Read More...  
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2 Comments:

At 10:28 AM, Blogger Pradeep Bhanot said...

Portfolio reviews are indeed essential to ensure your projects continued relevance to the current business strategy. Preparing for them can be really painful if you don’t make use of a grown up PPM system that maintains a current single source of truth that spans the entire project portfolio.

Without this level of clarity, it can take days of pain to merge and weed out often conflicting data from disparate spreadsheets.

http://clarity-in-emea.blogspot.com

 
At 7:53 PM, Blogger Frank M said...

Thanks Pradeep. I agree. A project portfolio management system complemented with mature PMO processes can make portfolio reviews efficient and effective. ... Frank

 

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