Question

Importance of implementation of IT portfolio management

Answer 1

The IT portfolio management is an investment for many activities for all the enterprises with all the departments of IT  systematic management. IT profile is the management for all previous IT efforts which are enabled for the measurements of an object to the investment scenarios.

There is no other way to implement with a variety of approaches for  IT profile management.

• Risk profile analysis
• Decide on the Diversification of projects
• Continuous Alignment with business goals
• Continuous Improvement.

   -Plan-

    -        -

  -            -

 build      retire

  -            -

     -      -  

     Maintain

Answer 2

Importance of implementation of IT portfolio management:

• There are several benefits your organization can enjoy from streamlined portfolio management.
• Thorough 'portfolio management of IT projects' allows 'managers to monitor costs' and 'reduce expenses' wherever necessary.
• 'IT portfolio management' also permits executives to centralize project details and other pertinent information to enhance their knowledge and understanding of current portfolio assets.
• This process can 'help smoother communication' within the 'team and organization' and help with 'the day-to-day functioning' of the 'business processes'.

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