When business uncertainties are frequent and compliance with regulations is mandatory, it can be a challenge to keep information technology (IT) synchronized with strategy for maximum business value—while reducing IT cost. An IT portfolio management framework, coupled with an IT governance framework, can provide visibility into projects and IT assets, keeping them aligned to business objectives at all times.
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availability of application and customer satisfaction. Figure 2: Dashboard providing a multidimensional view of the entire portfolio At the same time, organizations have to also ensure that the data for each project is captured accurately. The data points for project monitoring could be Variances (schedule, efforts, budget etc.), issues and scope changes, Earned Value, Resource allocation, ROI etc. It is equally important to monitor risks for each project. An IT Governance (ITG) framework must provide a