Title: IT Portfolio Management Standard Requirements
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IT Portfolio Management Standard Requirements
7 Sample Requirements:
- Establishing a PMO at a low level means that the manager has to swim against the main stream political current of not just those in the market side of the business but all of the it work force as well. Is your PMO established at the right level?
- If I am a resource, I want to know to what tasks I am assigned, and whether or not those tasks are on the critical path or critical chain. How will I know when the preceding resource will be finished with its work?
- If you take a pool of six people and split them among multiple projects. If it were feasible to apply all six people to one project, what would have happened to the cycle time (duration) of that project?
- If there are systems that will no longer support the organizations business needs, either through poor performance or excessive cost, how does IT leadership in the organization plan to address the issues?
- Maximize the value of products: Different products contribute to your companys bottom line differently. Is your product portfolio currently structured to contribute as much as it can?
- If the organization will be engaged in multiple new IT initiatives, how will the organization's IT staff and organization subject matter experts be used across the initiatives?
- Where does senior management wish to spend its resources when it comes to product innovation: on what types of projects and in what product, market, or technology areas?
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WHY OWN THE IT PORTFOLIO MANAGEMENT SELF-ASSESSMENT?
The IT Portfolio Management Self-Assessment will make you a IT Portfolio Management expert by:
- Reducing the effort in the IT Portfolio Management work to be done to get problems solved
- Ensuring that plans of action include every IT Portfolio Management task and that every IT Portfolio Management outcome is in place
- Saving time investigating strategic and tactical options and ensuring IT Portfolio Management opportunity costs are low
- Delivering tailored IT Portfolio Management advise instantly with structured going-forward plans
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SET NEW IT PORTFOLIO MANAGEMENT STANDARDS OF EXCELLENCE
The IT Portfolio Management Self-Assessment helps our clients create such high levels of IT Portfolio Management value that they set new standards of excellence.
- Ensures you don't miss anything: 904 criteria in 7 RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain) steps with easy and quick navigating and answering for 1 or up to 10 participants
- Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
- Gives you a professional Dashboard to guide and perform a thorough IT Portfolio Management Self-Assessment
- Is secure: Ensures offline data protection of your Self-Assessment results
- Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next
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COST/BENEFIT ANALYSIS; IT PORTFOLIO MANAGEMENT
SELF-ASSESSMENT JUSTIFICATION AND APPROVAL TOOLS:
Purchasing a The Art of Service Self Assessment will spur new ideas, fast track project strategy and advance your professional skills. We’ve developed a set of criteria that will aid in gaining approval and give you the ability to validate and review your Self-Assessment investment:
- Excluding hired consultants and advisors from top management consulting firms, internal IT Portfolio Management Self-Assessment work is typically undertaken by senior level positions with titles such as Enterprise Architect, Business Process Architects, Business Process Re-engineering Specialists and Business Architects.
- Statistics according to Glassdoor and Indeed tell these positions receive an average basic pay of $125,000. Daily rates of basic pay are computed by dividing an employee's annual pay by 260 days. The daily salary is then derived by dividing the annual salary of $125,000 by 260 days = a daily rate of $480.
- Top management consulting firms start at $2,000 a day, with rates typically charged up to 40 hours per week.
For a fraction of this the Self-Assessment will make you
a IT Portfolio Management domain authority.
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The U.S. Department of Commerce, National Institute of Standards and Technology (NIST) has included The Art of Service's Cyber Security Self Assessment on their Framework Industry Resources list since The Art of Service's Self Assessment is deemed qualified, accurate and comprehensive as a Guidance that Incorporates the Framework: https://www.nist.gov/cyberframework/industry-resources
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