2.13. CONCLUSION

At this point, you should have an understanding of the objectives of IT portfolio management and the capabilities required to perform IT portfolio management. Key stakeholders should be identified. A charter or contract between key stakeholders and those responsible for facilitating the IT portfolio management process should exist. A skeleton plan should be created that will subsequently be expanded upon. Success criteria and measures of success and value creation should exist. The IT portfolio management process is positioned to successfully provide value to the enterprise. However, the governance aspects still need to be established. Deciding who has authority versus input over decisions, what decisions are made in which forum, how decisions are made, and how these decisions impact both business and strategic objectives as well as specific metrics is very complicated. In the next chapter, the people and governance aspects of IT portfolio management are discussed.

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