PHYSICS 102 Lecture Notes - Lecture 15: It Portfolio Management, Net Present Value, Breakcore
Document Summary
Best practices in it portfolio management jeffery et al. Answer may be in it portfolio management (itpm) managing it as a portfolio of assets similar to a financial portfolio & striving to improve the performance of the portfolio by balancing risk and return. An investment portfolio comprises all direct & indirect it projects and assets including infrastructure, outsourcing contracts and software licenses. Executives barely adopt the practices they purportedly believe in skills, attitudes, and behaviors must change. A new tool to assess what constitutes best practice itpm. Companies have identified and documented the key components of their it portfolios, roughly estimating each element"s cost and benefits. Central budget oversight and a project-management office. It personnel have a basic understanding of the financial metrics used to make investment decisions. Features missing: consistency in organizationwide compliance (lack of common beliefs and standards), links into budgeting cycles and feedback loops to assess actual returns.
