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IT Portfolio Management: Unlocking the Business Value of Technology

✍ Scribed by Bryan Maizlish, Robert Handler


Publisher
Wiley
Year
2005
Tongue
English
Leaves
401
Edition
1
Category
Library

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✦ Synopsis


Praise for IT Portfolio Management Step-by-Step"Bryan Maizlish and Robert Handler bring their deep experience in IT 'value realization' to one of the most absent of all IT management practices--portfolio management. They capture the essence of universally proven investment practices and apply them to the most difficult of challenges--returning high strategic and dollar payoffs from an enterprise's IT department. The reader will find many new and rewarding insights to making their IT investments finally return market leading results."--John C. Reece, Chairman and CEO, John C. Reece & Associates, LLC Former deputy commissioner for modernization and CIO of the IRS"IT Portfolio Management describes in great detail the critical aspects, know-how, practical examples, key insights, and best practices to improve operational efficiency, corporate agility, and business competitiveness. It eloquently illustrates the methods of building and integrating a portfolio of IT investments to ensure the realization of maximum value and benefit, and to fully leverage the value of all IT assets. Whether you are getting started or building on your initial success in IT portfolio management, this book will provide you information on how to build and implement an effective IT portfolio management strategy."--David Mitchell, President and CEO, webMethods, Inc."I found IT Portfolio Management very easy to read, and it highlights many of the seminal aspects and best practices from financial portfolio management. It is an important book for executive, business, and IT managers."--Michael J. Montgomery, President, Montgomery & Co."IT Portfolio Management details a comprehensive framework and process showing how to align business and IT for superior value. Maizlish and Handler have the depth of experience, knowledge, and insight needed to tackle the challenges and opportunities companies face in optimizing their IT investment portfolios. This is an exceptionally important book for executive leadership and IT business managers, especially those wanting to build a process-managed enterprise."--Peter Fingar, Executive Partner Greystone Group, coauthor of The Real-Time Enterprise and Business Process Management (BPM): The Third Wave"A must-read for the non-IT manager who needs to understand the complexity and challenges of managing an IT portfolio. The portfolio management techniques, analysis tools, and planning can be applied to any project or function."--Richard "Max" Maksimoski, Senior Director R&D, The Scotts Company"This book provides an excellent framework and real-world based approach for implementing IT portfolio management. It is a must-read for every CIO staff considering how to strategically and operationally impact their company's bottom line."--Donavan R. Hardenbrook, New Product Development Professional, Intel Corporation

✦ Table of Contents


Cover......Page 1
Foreword......Page 14
Overview of the Book......Page 18
Contents......Page 22
Introduction......Page 26
NOTE......Page 31
CHA CHA CHANGES IN THE CURRENT ENVIRONMENT......Page 32
FOCUS ON IT INVESTMENTS......Page 33
FORMING, NORMING, STORMING: THE IT LIFE CYCLE......Page 38
DOES IT REALLY MATTER? THE IT PRODUCTIVITY PARADOX......Page 39
IT PORTFOLIO MANAGEMENT 101......Page 42
COMPARISON OF IT PORTFOLIO MANAGEMENT AND FINANCIAL PORTFOLIO MANAGEMENT......Page 52
VALUE AND RISKS......Page 53
CONCLUSION......Page 58
NOTES......Page 59
INTRODUCTION......Page 64
BASELINE ASSESSMENTS......Page 66
IT PORTFOLIO MANAGEMENT MATURITY......Page 67
IT PORTFOLIO MANAGEMENT CAPABILITY ASSESSMENT......Page 71
STAKEHOLDER ANALYSIS......Page 72
REFINING IT PORTFOLIO OBJECTIVES......Page 74
PORTFOLIO METRICS......Page 78
CHARTERING THE EFFORT......Page 79
COMMUNICATION PLANNING......Page 80
IT PORTFOLIO MANAGEMENT SOFTWARE SELECTION......Page 82
NOTE......Page 83
LEVEL O: ADMITTING......Page 84
LEVEL 1: COMMUNICATING......Page 85
LEVEL 2: GOVERNING......Page 86
LEVEL 3: MANAGING......Page 87
LEVEL 4: OPTIMIZING......Page 88
INTRODUCTION......Page 90
A DEMANDING ENVIRONMENT......Page 92
THE NEW FOCUS FOR IT: BUSINESS......Page 96
THE BUSINESSβ€”IT ALIGNMENT......Page 105
IT GOVERNANCE......Page 106
COBIT: MANAGING THE RISK AND CONTROL OF IT......Page 116
GETTING STARTED......Page 117
NOTES......Page 120
INTRODUCTION......Page 132
IT DISCOVERY PORTFOLIO......Page 146
IT PROJECT PORTFOLIO......Page 153
IT ASSET PORTFOLIO......Page 167
NOTES......Page 193
INTRODUCTION......Page 200
STAGE 1: GAME PLAN......Page 210
STAGE 2: PLANNING......Page 227
STAGE 3: CREATING......Page 236
STAGE 4: ASSESSING......Page 259
STAGE 5: BALANCING......Page 271
STAGE 6: COMMUNICATING......Page 285
STAGE 7: GOVERNANCE AND ORGANIZATION......Page 291
STAGE 8: ASSESSING EXECUTION......Page 295
NOTES......Page 299
INTRODUCTION......Page 310
IT PORTFOLIO SOFTWARE MARKET......Page 311
IT PORTFOLIO SOFTWARE SELECTION PROCESS......Page 314
INDUSTRY PROVIDER ASSESSMENT METHODOLOGY......Page 317
CONCLUSION......Page 328
ARCHITECTURE......Page 329
INTEGRATION......Page 330
SECURITY......Page 331
DATA MANAGEMENT......Page 332
VIEW MANAGEMENT......Page 333
INITIATION AND CATEGORIZATION......Page 334
PRIORITIZATION......Page 335
PERFORMANCE MEASUREMENT......Page 337
PORTFOLIO ADJUSTMENT......Page 339
REPORTING AND VISUALIZATION......Page 340
COLLABORATION AND WORK FLOW......Page 341
SCOPE MANAGEMENT......Page 342
EXPENSE MANAGEMENT......Page 343
PROJECT COST/ACCOUNTING......Page 344
Final Thoughts......Page 346
THE FUTURE VISION......Page 351
NOTES......Page 353
Case Studies......Page 354
Cisco Systems, Inc.......Page 355
In-Q-Tel......Page 360
Xcel Energy*......Page 364
Sarbanes-Oxley......Page 389
Index......Page 392

✦ Subjects


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