Title:

Getting Portfolio Management To Level 5 Maturity

Price:$349.00
Publication Date:Oct 31, 2007
Source:Forrester Research
Author:Craig Symons
Report Type:Best Practices
Word Count:4727
Length:14 Pages
Description:Portfolio management continues to gain traction across our client companies as a governance process best practice — a recent Forrester survey of 317 IT decision-makers has 60% of respondents indicating that they are practicing portfolio management somewhere within their organization. However, there is a wide divergence among industries, geographies, and company size. Anecdotal research suggests that the maturity level of portfolio management also varies greatly. The maximum return from portfolio management is realized when project portfolios are continuously optimized — the fifth and highest level of process maturity. IT organizations should assess their portfolio management process against a maturity model and then chart a path to level 5 portfolio optimization processes, which produces a portfolio balanced between risk and return and tightly linked to business strategic objectives. Such a portfolio ensures that organizations are receiving maximum value from their IT-enabled business change investments.
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Forrester Research identifies and analyzes emerging trends in technology and their impact on business. Forrester provides companies with rigorous research, practical ideas, and objective guidance to help them thrive on technology change. Research topics include Automotive, Financial Services, Healthcare, IT Security and Spending, and Media and Entertainment, to name a few.

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