IT Portfolio Management Best Practices
IT Portfolio management helps businesses to successfully choose, manage, and execute projects within a portfolio. To begin, strategy crafts your business decisions by identifying your organisational strengths and weaknesses and accurate resource allocation. But without implementation, your strategy becomes null and void. Your IT portfolio management defines the transition from planning to implementation, adapting to modifications, and effective execution. In this write-up, we’ll discuss what portfolio management is, recommend certain best practices, and illustrate why implementing portfolio management software is crucial for your business to be successful. What Is IT Portfolio Management? The IT project portfolio management involves selecting, prioritising, and controlling your company’s projects and tasks. With such a centralised management solution and consistent monitoring, you can establish standard governance throughout your enterprise. With I...