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.
it informed investment decision
privacy, and information risk. It is vital for risk monitoring to be part of the dashboard. In many cases, the quality of the decision made is dependent on the visibility the decision maker has of the application portfolio. Without this clarity of the portfolio, changes to the portfolio are costly and less efficient. As a result, organizations cannot make informed decisions about prioritizing application changes, modernizing / retiring applications, ensuring regulatory compliance or