Portfolio Management

Project and portfolio management is designed to find the optimal combination of people, process, and technology applied to the project pipline of an organization to best meet the business, financial, technical and human resource objectives of the enterprise or government agency. The enterprise needs to understand how the portfolio management process supports the business and how that process needs to be customized and optimized so that application portfolio is maximizing its contribution to financial and competitive well-being of that enterprise.

Some of the objectives of the project and portfolio management process, as outlined by Gartner, include:

• More-effectively manage and monitor IT spending in the short term for quick, value-added results
• Review and improve existing work management practices
• Centralize and standardize the demand management process
• Enhance visibility of the resource pool
• Optimize and control the allocation of critical resources for project work
• Increase work administration efficiency
• More carefully balance inbound work (demand) with existing resources (supply of time, people and money)
• Enhance the communication flow between the IT organization and the business
• Increase visibility of existing project status
• Gain better control over outsourced IT projects

Specializing in HP Project and Portfolio Management (PPM) Center and CA Clarity, Integrated Solutions Management, Inc. has the expertise and experience to successfully implement your project and portfolio management process and software solution. Using proven project templates and methodologies, we ensure that your applications, business processes, and data support the business objectives of the enterprise.

For a complete list of ISM's Operations-related services, click here.