Project Portfolio Management as a Form of Collaborative Value Management Apply Rules IT Budget...
-
Upload
dana-marshall -
Category
Documents
-
view
217 -
download
3
Transcript of Project Portfolio Management as a Form of Collaborative Value Management Apply Rules IT Budget...
Project Portfolio Management as a Project Portfolio Management as a Form of Collaborative Value Form of Collaborative Value Management Management
Apply RulesApply RulesIT Budget AllocationIT Budget Allocation
Collaborative Collaborative Decision Decision MakingMaking
Manage Cost, Manage Cost, Risk and Time.Risk and Time.
Manage Manage Benefits/ValueBenefits/Value
Enterprise Project ManagementEnterprise Project Management
Projects Portfolio ManagementProjects Portfolio Management
By Giuseppe Mascarella
Collaborative Challenges in IT Collaborative Challenges in IT Portfolio Decision MakingPortfolio Decision Making
IT Groups &
SuppliersC I O
B O A R D
Business Unit Managers
USERS
Rules/Rules/ProcessProcess
Organizational Organizational Decision MechanismDecision MechanismRights/DutiesRights/Duties
Projects Managers Need Projects Managers Need Governance!Governance!
Five Major IT Decisions Need Five Major IT Decisions Need To Be MadeTo Be Made
High level statements about how IT is used in the business
Strategies for the base foundation for IT capability (both technical and human), shared throughout the firm as reliable services, and centrally coordinated (e.g., network, help desk, shared data)
An integrated set of technical choices to guide the organization in satisfying business needs. The architecture is a set of policies and rules that govern the use of IT and plot a migration path to the way business will be done (includes data, technology, and applications)
Decisions about how much and where to invest in IT including project approvals and justification techniques
Specifying the business need for purchased or internally developed IT applications
Center for Information Systems Research
IT investment and IT investment and prioritizationprioritization
BusinessBusiness
application needsapplication needs
IT architectureIT architecture
IT infrastructure IT infrastructure strategiesstrategies
IT principlesIT principles
ROB (Rithm Of Business) for ODMROB (Rithm Of Business) for ODM
Week1 Week2 Week3Week4
Production Month
W1Week4Process / Tasks
BizOpportunity
Management
ORB CommeeteMeeting
PortfolioReview
Resource Mngt
Time /Budget Controlg
DeploymentTeamo
Q&A
VRF
Financial Month
PRB
3. Service LevelObjectives
4. MeasureMonitor
6. Negotiate& Communicate Benefit Realization Plan
5. OptimizePortfolio
1. DefineValue
2. Define Rules & ODE of Portfolio
INFRASTRUCTUREINFRASTRUCTURE
MIT
Process and Capabilities:Process and Capabilities: 6 Step6 Step WorkflowWorkflow to Maximize Projects Valueto Maximize Projects Value
Step 1 : Define ValueStep 1 : Define Value
5 Pillars/Parameters
Value Assessment
0
20
40
601
2
3
4
5
6
PilarsPilars
1. Strategic Alignment 1. Strategic Alignment
2. Impact on Processes 2. Impact on Processes
3. Infrastructure Agility3. Infrastructure Agility 4. Cost/Benefit (ROI)4. Cost/Benefit (ROI)
5. Risk5. Risk
Steps 2Steps 2
3. Service LevelObjectives
4. MeasureMonitor
6. Negotiate& Communicate Benefit Realization Plan
5. OptimizePortfolio
1. DefineValue
2. Define Rules & ODE
of Portfolio
INFRASTRUCTUREINFRASTRUCTURE
MIT
Step Step 2. Define Rules & ODE 2. Define Rules & ODE
of Projects Portfolioof Projects Portfolio
Project 1PilarPilar ODEODE WeightWeight
Strategic AlignmentStrategic Alignment Balance Balance Scorecard BoardScorecard Board
35%35%
Impact on ProcessesImpact on Processes Biz Analysts Biz Analysts CouncilCouncil
15%15%
Infrastructure AgilityInfrastructure Agility IT Architect IT Architect CoucilCoucil
15%15%
Cost/Benefit (ROI)Cost/Benefit (ROI) EVA EVA Benchmarking Benchmarking TeamTeam
25%25%
RiskRisk SOX SME, Risk SOX SME, Risk CommitteeCommittee
10%10%
Step 5Step 53. Negotiate Service Level Objectives
4. MeasureMonitor
6. Negotiate& Communicate Benefit Realization Plan
5. OptimizePortfolio
1. DefineValue
2. Define Rules and Decision Mechanism for Portfolio
INFRASTRUCTUREINFRASTRUCTURE
MIT
Deep Personalized InsightDeep Personalized Insight Immediate access to analysis and unstructured data Immediate access to analysis and unstructured data Drill down through KPIs for deeper insightDrill down through KPIs for deeper insight
Empowerment and ProductivityEmpowerment and ProductivityScorecard authoring and editing toolScorecard authoring and editing toolReduce reliance on IT for changes Reduce reliance on IT for changes and customization and customization
Action-Driven and CollaborativeAction-Driven and CollaborativeWork as a team to analyze issuesWork as a team to analyze issuesAdd annotations and alerts to scorecards Add annotations and alerts to scorecards Tight integration with Microsoft Tight integration with Microsoft collaboration platform collaboration platform
Integrated and Extensible Integrated and Extensible Add custom data to dashboardsAdd custom data to dashboardsIntegrate into LOB applications Integrate into LOB applications Extend through SharePoint Web Parts Extend through SharePoint Web Parts
ScorecardScorecard
Charting and Charting and AnalysisAnalysisReportsReports
Technologies:Technologies:Integration with Business Scorecard ManagerIntegration with Business Scorecard ManagerAction-driven and collaborative applicationAction-driven and collaborative application