Today
when information systems often outnumber employees in an organization,
Portfolio Management (PfM) provides the structured model to
continuously monitor the overall value of these systems against the
functional and technical requirements of an organization. Portfolio
Management provides some clear benefits, and chief among them is a
holistic view of IT projects across an enterprise to ensure alignment
with organizational priorities. RGS' team of PfM experts have assisted
our clients to realize the true benefits of the process rather than
just going through the motions. We believe that PfM can have a true
impact and free up resources within an organization to invest in core
mission objectives. In our experience, a strong portfolio management
program can help an organization to:
- Maximize the value of their IT investment while minimizing risk
- Improve communication and alignment between CIOs, IT managers and agency management
- Encourage IT managers to think about organizational objectives rather than individual projects
- Create a sense of responsibility and accountability for IT projects
- Allow for the more effective scheduling of resources
- Reduce the number of redundant projects and facilitate in killing projects when necessary
As seen in many commercial organizations and a growing number of
government organizations, PfM has become an invaluable tool to get the
most out of limited resources. As IT organizations struggle to meet the
ever increasing demands of their users, PfM can be leveraged to not
only manage internal operations but also to serve as a communication
tool to justify decisions up and down the organization. |
