5.10. CONCLUSION

The IT portfolio management process and the stages and activities presented in this chapter should always be assessed and evaluated for continuous improvement. This is not a static process. Management within companies should always challenge and question the current processes by asking:

  • Are the current IT portfolio management processes, criteria, weighting, steps, and activities in line with the company's needs?

  • How can the processes be modified to better meet these needs?

  • Are the right members and the right mixture present at decision-making investment review and evaluation meetings?

  • Are the right triggers and performance measurements in place for event notification and monitoring of project and existing operational investments?

  • Are the time frames for the stages and activities taking too long and serving as blockers to effectively execute the process?

  • Are there reoccurring problems that continue to manifest in the process? Are corrective actions being taken to address both the symptom and the core problem?

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