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IT investments are one of the largest single elements of capital expenditure an organisation makes but, unfortunately, IT management continues to struggle to articulate and manage the business value of such investments to the organisation (especially over the application or infrastructure lifecycle). This lack of understanding means that some organisations have no real idea whether they are benefiting from their IT investments, or whether these may actually be having a detrimental effect on the enterprise.
To an increasing extent, we are seeing Project and Portfolio Management (PPM) recognised as a key enabler of the enterprise need to make advances in this context. PPM sits at a unique point where IT costs and resource levels must be integrated with business expectations and strategic priorities, and at which critical risk factors are also brought into the judgement of what investments the organisation should make. PPM principles and technology are also being used to address control and risk management needs beyond IT projects, with particular prominence in a number of industry sectors.
In this webinar Ovum, along with our guests Planview, will:
- Consider the wider economic context that makes investment decisions all the more critical now
- Discuss how to develop understanding of the organizational justification for making progress towards more mature investment management
- Look at the most effective steps that organisations can take to improve IT investment strategies.
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