//
you're reading...
IT Leadership, Leadership, Reposted Articles

A Strategy for Making Better IT Investment Decisions – Deloitte CIO – WSJ

DeloitteI have long advocated the benefits of this type of multi dimensional portfolio management approach to reviewing IT investment decisions.

It takes away the differing values embraced by various functional groups and encourages the connection between projects and strategic goals.

A Strategy for Making Better IT Investment Decisions – Deloitte CIO – WSJ.

However, you need to get all parties to buy-in to this way of doing things. If the approach is not applied consistently then the results will not be equitable and the process will quickly gain a bad reputation. One way to success is to have a neutral central group like the PMO control it.

You also have to be careful, as the article points out, of groups “gaming the system” – looking for ways to get their projects to the top of the list. One of the common ways is the misuse of mandatory or regulatory projects – this needs to be carefully policed.

Overall though, this type of portfolio management approach will drive consistent investment decisions that are linked to your strategic goals.

___________________________

Related Articles:

Implementing Technology for the right reasons

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to get email notifications.

Archives

Blog Stats

  • 34,848 hits

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 478 other followers

Follow Martin Davis' Blog on WordPress.com
%d bloggers like this: