Information Technology Investment
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A description of IT portfolio management, how to assess it investment decisions and how to kick off the process of selecting a technology product or vendor.
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Information Technology Investment
- 1. Information Technology Investment Peter Rawsthorne http://www.rawsthorne.org peter@rawsthorne.org
- 2. AGENDA Project Portfolio Management A brief history The bicycle Best Practices An Assessment Framework Purpose What’s important X & Y axis RFI vs RFP
- 3. A brief history of Project Portfolio Management
- 4. The Executive PPM Bicycle 1. Innovations, Demand, Ideas 2.Executive & Governance 4.Projects IT PROJECTS 11. Business Intelligence IT ASSETS 12. Re-invest 3. Business Case 13. Retire 5. Resourcing 8. Learning 10. Optimize 6. Delivery 9. Run 7. Assets
- 5. Formative Activity 1 Think of all the major IT systems within your business... Which one costs the most to; Maintain (administer, fix bugs) ? Provide help desk ? Which one is the most recent release; Do you know the business case for why ? What business intelligence approaches provide insight into the health of your IT ? Draw and label as much of the PPM bicycle as you can.
- 7. Can be done by using spreadsheets
- 8. PMI has BoK on PPMPractices for PPM
- 11. The Discussions.
- 12. Archive!
- 13. What does the business case say? Product Features
- 14. Check references! Ability to deliver
- 16. Is it self healing? Sustainability (TCO)
- 17. Where are we now and where do we want to go? Alignment
- 19. Formative Activity 2 Write down the five areas that are scored within the assessment framework? Briefly describe each one. Describe a situation where you may want to alter the scoring scale. How are cost and sustainability similar? List a number of attributes you would find in Alignment area. Why is the do nothing option important to include in the assessment?
- 20. RFIvs.RFP
- 21. Again, it's the Discussions
- 22. Attribution http://www.flickr.com/photos/speculummundi/4569110353 http://www.flickr.com/photos/kingdesmond/3083279699/ http://www.flickr.com/photos/wygd/2590332858/ http://www.flickr.com/photos/xixidu/514678085 http://www.flickr.com/photos/coyenator/2722929942 http://www.flickr.com/photos/glamhag/1806217422/ http://www.flickr.com/photos/jasoneppink/52555640 http://www.flickr.com/photos/tonyjcase/4466640257 http://www.flickr.com/photos/44468093@N04/4148153082/ http://www.flickr.com/photos/cdell/113811480 http://www.flickr.com/photos/mytudut/5189224326
- 23. This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
Editor's Notes
- Born from the investment portfolio perspective.Assessment is important for each item within its own lifecycle, but it is also important to evaluate each item in the context of all the other items and dominant internal and external forcesMoved into IT and project portfolio management about a decade agoIs becoming a mature discipline with many players providing software and servicesPMI has a whole discipline area
- The product has features that fulfill business case requirements. List the high level features to be individually assessed.
- Organization has existing (positive) relationship with vendor, product or technology or has client references to provide assessment of candidates ability to deliver.
- When a solution is costed it includes two attributes; the initial cost of software, consulting and required infrastructure, and the ongoing costs of maintaining the software and infrastructure. Solutions can vary greatly within these two cost attributes. Ongoing costs should also include all HR related costs of running the solution from an operational perspective.
- This is a care and feeding question. Does the solution require a great deal of care or is it self healing. The sustainability also includes the solutions ability to stay current to the organizations business and strategic needs. It is also important to consider internal acceptance of the solution(s).
- Alignment includes many attributes, does the solution align with our current infrastructure, our current internal skills and knowledge, our current roadmap and our current strategy.
- It’s about openness!