IT portfolio management keeps coming up in our conversations with CIOs, and we don't think that's a coincidence. Project and portfolio management (PPM) seeks to get the highest possible return on IT investments while mitigating risk. In an economy that is slowing, if not in actual recession, CIOs need to allocate their IT resources wisely.
SearchCIO.com is not the only one hearing more about PPM. AMR Research Inc., a Boston-based consulting firm, told us that more than half of all inquiries from clients during the past 12 months were related to portfolio management. To find out why PPM is so hot among CIOs, read these top stories on the subject:
- Forbes' CIO reweights IT portfolio for growth with PPM
Flying blind, the new CIO at Forbes uses PPM software to gain visibility and reallocate IT assets for business growth.
- Podcast: Mastercard CIO Rob Reeg on PPM
Priceless: IT and the business are simpatico at MasterCard Worldwide. Listen to Rob Reeg discuss the importance of establishing an Investment Management Office at the nation's No. 2 payment system.
- PPM strategy a CIO's must-have in hard times
CIOs should adopt a PPM approach that begins and ends with the business -- if only to save their own skins.
- Podcast: From 15 data centers to one, and a 90% reduction in apps
Nortel's CIO consolidates IT, creates a PMO and powers innovation, all to drive radical change at the global company. He talks about the company's Portfolio Review Board and the stiff criteria for giving IT projects the green light.
- Project portfolio management takes flight at Sabre
Managing a portfolio for the greatest ROI -- whether of stocks or IT projects -- is not easy. PPM software sorts the decliners from the advancers.