IT portfolio management
Improving the ROI from IT portfolios
Investment programs are increasingly underpinned by IT, but in most organizations the demand for IT projects exceeds the budget and capacity to deliver and CIOs are struggling to do more with less.
In PA's experience, IT project portfolios must be managed in line with business requirements to ensure limited capacity is used in the best interests of the organization. Involving business sponsors in decision-making and prioritization ensures the portfolio of projects is aligned with the overall business agenda.
This inclusive approach must be coupled with the discipline to ruthlessly assess each project based on business benefit, the willingness to confront issues and reprioritize in the face of changing business conditions, and the courage to discard projects that can no longer be justified.
PA works with clients to establish portfolios that balance benefits and risk, and mix projects to both support new business and enhance existing business. We find that redirecting resources from under-performing projects to high value initiatives, as part of a balanced portfolio, often delivers impressive returns.
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