IST 301 Chapter Notes - Chapter 4: Business Case, Balanced Scorecard, Competitive Advantage

• School: PSU
• Department: Information Sciences And Technology
• Course: IST 301
• Professor: Ocker Rosalie

Document Summary

Managing it as a portfolio of assets similar to a financial portfolio and striving to improve the performance of the portfolio by balancing risk and return. Itpm has evolved into a combination of practices and techniques used to measure and increase the return on individual and aggregate technology investments-existing and planned-and to reduce risk: describe the stages of the it portfolio management maturity model. Defined: companies at this stage have identified and documented the key components of their it portfolios, roughly estimating each element"s cost s and benefits: after being codified, project data are logged in a central database. Synchronized: the most savvy it management teams distinguish themselves by their ability to align investment portfolios with business strategy: these companies use evolving metrics to measure a project"s value. Questions: what are the dimensions of the it portfolio? through its life cycle. High value and low risk suggest that the project should be pursued.