Industry Commentary

"By 2003, Global 2000 CIOs' need to enhance enterprise value will increase IT portfolio management usage, with 50% using it as a communication tool, 25% using it sporadically for risk/reward-based decision support, and only 3% employing it consistently to manage the entire enterprise as a single portfolio. Through 2006, these numbers will increase most rapidly in the first and second groups, to 80%+ and 40% respectively, but because of the organizational maturity and discipline required, only 6% will achieve consistent enterprisewide IT portfolio management."
- Meta Group


"Whether you are seeking to become proficient in forecasting or simply trying to determine which legacy systems should get the ax, a critical next step for IT leaders is to get your portfolio management houses in order."
- Computer World

The Portfolio Management Center (PMC) is a tool for evaluating, prioritizing, and approving initiatives to help bringing them in-line with business strategy and IT resource constraints. The PMC is used to create a "mini-business plan" for each initiative.

The Project Delivery Center (PDC) is a project repository used for project coordination, team collaboration, requirements management, system design, and testing

The Project Continuum (PC) is used to plan post-delivery support and maintenance. Its high-level components include Disaster Recovery Planning, Trouble Call Log, and System Documentation.

The Human Asset Management (HAM) is an integrated vPMO component that helps in identifying the right resource for each project role. It includes an inventory of available resources, planned non-working time, resource analysis & forecasting, and time & effort tracking.

The GURU Center is an integrated "Best Practices" and "Knowledge Management" reference utility designed to provide the project team with templates, knowledge tidbits, technical standards, product reviews, outside resources and links.