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    Portfolio Management

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    Program Portfolio Management

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Program Portfolio Management

Program Portfolio Management

Program portfolio management involves the definition, planning, assessment, prioritization, and budgeting of project proposals and programs. The Program Portfolio Management Module in planningIT is used to assign defined projects to programs and conduct bottom up and top-down budget analysis.

Benefits:

  • Costs and risks of existing architecture elements can be projected more accurately - upgrades, migrations, modernizations and retirements can be planned for. Staging of expenses mitigates the need for emergency funding cycles
  • IT spending can be controlled more rigorously by balancing competing priorities and coherently communicating investments across lines of business and the enterprise
  • Architecture groups can show value of and progress toward the architectural vision and demonstrate it being in line with business strategy
  • Opportunities to advance the architectural plans and progress toward those plans can be tracked. Funding assessments keyed to the updating of established systems support these plans further
  • Improved resource management facilitated through qualified proposal planning and portfolio management enhances IT credibility and efficiency
  • LOB's can leverage portfolio assessments as a way to understand the strategic cost-benefit of architecture elements
  • Integrated process framework directly links Program Portfolio Management module with value, cost and architectural risk indicators from other planningIT modules.


The Program Portfolio Management module displays a report (Gantt chart) showing all projects that belong to the Project Analysis group with reference to their time dimension. Additionally, it shows project evaluations relating to costs, resources and the time dimension and highlights project milestones.

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