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Portfolio Management
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Successfully direct and manage change with architecture-based Portfolio Management.
IT executives turn to Portfolio Management practices and tools to demand returns on IT investments in terms of income, savings, strategic value and customer satisfaction. Yet conventional portfolio management tools neglect architectural aspects of interdependent IT projects. Seemingly prudent short term decisions to approve IT projects can result in unforeseen, long term impacts on the enterprise architecture, and tremendous costs.
The planning challenge is to integrate technical know-how from the architecture management arena into portfolio management to reduce operating expenses and facilitate innovation. This can be achieved with an integrated planning process that delivers full visibility of the dependencies in skills, resources and the architecture. Organizations need architecture-based investment planning to truly achieve value-based portfolio management.
With planningIT, alfabet provides:
- Delivery of know-how for architecture-based PPM
- Methodology and processes
- Portfolio analytics
With planningIT’s Program Portfolio Management, IT organizations can achieve reliable scope change impact analysis, effective decision-making and optimized budget allocation.
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- Implement best practice evaluation criteria
- Create different portfolio analysis criteria and deduce the best investment portfolio
- Use workflows to implement portfolio governance
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Sample Project: Consumer electronics giant, Vorwerk, streamlines projects to reduce IT redundancies and cuts non-critical IT projects by 15%.