2. Information Technology Portfolio Management
(ITPfM) is the process through which your
organization can optimize its “return” on IT
spending.
3. Good ITPfM is FAST, EASY and TRUSTED.
FAST to implement;
EASY to explain, understand, use; and is a
TRUSTED source for IT decisions.
4. Optimize your IT portfolio with a FORMAL
decision-making process.
Don’t make decisions on a whim!
5. Decisions differ based on the type of investment:
Ideas or Prospects - Things you might do
Projects - Things you are currently working on
Current Assets - Things you already have
6. For each 1. Drop – Not worth our time
2. Pursue – Let’s take the next
IDEA or
step
PROSPECT, decide
3. Revisit – Check back during
to:
the next cycle
7. 1. Kill – Not worth our resources
For each 2. Expedite – Add resources, we
PROJECT, need it sooner and/or better
3. Slow/Pause – Reduce
decide to:
resources, less urgency
4. Maintain – Let things continue
as they are
8. 1. Divest – Get Rid of it
2. Outsource – Let someone else
For each manage it
CURRENT ASSET, 3. Insource – We need to manage it
4. Increase Support – Increase
decide to: Resources
5. Decrease Support – Reduce
resources
6. Maintain – Let’s keep it as is
9. Remember, decisions should be informed by data
collected for each investment.
Sample Data Set
Implementation Risk Investment Type
Technological Risk Alignment to Mission
Operational Risk Initial Cost
Business Value Maintenance Cost
Financial Value Schedule Variance
Alignment to Mission Cost Variance
… ….
Collect the right data to make the right decision!
