PORTFOLIO MANAGEMENT Mark Carlson | Prof. Grantville Jones | MPM650 P4IP1 | August 8, 2008

INTRODUCTION

WHAT IS PORTFOLIO MANAGEMENT?

THE BENEFITS OF PORTFOLIO MANAGEMENT Maximize value Improve communication Encourage team focus Efficient resource management PM efficiencies

Maximize value

Improve communication

Encourage team focus

Efficient resource management

PM efficiencies

THE APPLICATION OF PORTFOLIO MANAGEMENT Inventory Evaluation Prioritization

Inventory

Evaluation

Prioritization

ORGANIZATIONAL APPLICATION Global 2000 company study Half start PPM High program failure rate Modest efficiency gains

Global 2000 company study

Half start PPM

High program failure rate

Modest efficiency gains

SUCCESSFUL PROGRAM REQUIREMENTS Executive buy-in Program Execution Inventory Evaluation Categorization Monitor and Review

Executive buy-in

Program Execution

Inventory

Evaluation

Categorization

Monitor and Review

SO WHAT? Business alignment Software Not Easy

Business alignment

Software

Not Easy

SO WHAT? (CONTINUED) "It [PPM] forces IT and businesspeople to talk about investments from a business perspective," reports Datz . "That’s its most powerful feature" (Datz, 2003).

"It [PPM] forces IT and businesspeople to talk about investments from a business perspective," reports Datz .

"That’s its most powerful feature" (Datz, 2003).

REFERENCES Berkshire Consultancy Limited. (2006). Project portfolio management: The issues, challenges, business opportunities, and future trends. Retrieved August 7, 2008 from http://hosteddocs.ittoolbox.com/SR12.29.06.pdf CIO. (2008). Retrieved August 6, 2008 from http://www.cio.com/article/31864/Portfolio_Management_Done_Right . Compuware. (2008). Retrieved August 7, 2008 from http://www.compuware.com/solutions/it-portfolio-management.htm . Crow, K. (2004). A practical approach to portfolio management. Retrieved August 7, 2008 from http://www.npd-solutions.com/portfolio.html . CTU Online. (2008). Phase 4 course material text . Colorado Springs, CO: CTU Online. Retrieved August 7, 2008, from CTU Online, Virtual Campus, MPM650-0803A-02 : Project Management Processes in Organizations. https://campus.ctuonline.edu Datz, T. (2003). Portfolio management done right. Retrieved August 7, 2008 from http://www.cio.com/article/31864/Portfolio_Management_Done_Right?page=6 . Silicon. (2008). Retrieved August 6, 2008 from http://whitepapers.silicon.com/0,39024759,60134224p,00.htm

Berkshire Consultancy Limited. (2006). Project portfolio management: The issues, challenges, business opportunities, and future trends. Retrieved August 7, 2008 from http://hosteddocs.ittoolbox.com/SR12.29.06.pdf

CIO. (2008). Retrieved August 6, 2008 from http://www.cio.com/article/31864/Portfolio_Management_Done_Right .

Compuware. (2008). Retrieved August 7, 2008 from http://www.compuware.com/solutions/it-portfolio-management.htm .

Crow, K. (2004). A practical approach to portfolio management. Retrieved August 7, 2008 from http://www.npd-solutions.com/portfolio.html .

CTU Online. (2008). Phase 4 course material text . Colorado Springs, CO: CTU Online. Retrieved August 7, 2008, from CTU Online, Virtual Campus, MPM650-0803A-02 : Project Management Processes in Organizations. https://campus.ctuonline.edu

Datz, T. (2003). Portfolio management done right. Retrieved August 7, 2008 from http://www.cio.com/article/31864/Portfolio_Management_Done_Right?page=6 .

Silicon. (2008). Retrieved August 6, 2008 from http://whitepapers.silicon.com/0,39024759,60134224p,00.htm