Get the most out of your IT budget by using portfolio management
Source: TechRepublic
By Tom Mochal, PMP
The term portfolio management has typically been applied to managing financial resources in a way that maximizes return and minimizes risk. The term portfolio management can also be applied to the way companies should view their investment decisions. No matter how high your profits are, you still have only a finite amount of resources to invest in your business. You must apply these resources to the support and operation of your current business processes, as well as invest them in new capabilities. Here is a comprehensive document from project management guru Tom Mochal that shows how the principles of portfolio management can be applied to businesses in general, and even to business units such as IT. This can help you decide how to put your money in the places where it can make the most impact on your business.
Join the discussion of this download.
The term portfolio management has typically been applied to managing financial resources in a way that maximizes return and minimizes risk. The term portfolio management can also be applied to the way companies should view their investment decisions. No matter how high your profits are, you still have only a finite amount of resources to invest in your business. You must apply these resources to the support and operation of your current business processes, as well as invest them in new capabilities. Here is a comprehensive document from project management guru Tom Mochal that shows how the principles of portfolio management can be applied to businesses in general, and even to business units such as IT. This can help you decide how to put your money in the places where it can make the most impact on your business.
Join the discussion of this download.
| Format: | Size: | 124.00 | |
| Version: | 1.0 | Date: | Apr 2005 |
| Downloads: | 5042 |
