Project Portfolio Management

Each business initiative drives multiple projects into the IT pipeline. Each project competes for resources, introduces new architecture, technology, and demands on infrastructure. Left alone, each project becomes a standalone solution – creating a forest of separate architectures, technology, independent applications with duplicative data, which require massive efforts to integrate. Each application also requiring sustaining staff and maintenance dollars that drain the IT budget.

Project Portfolio Management (PPM) is the discipline that identifies and organizes the collective set of IT investments, both new development and ongoing operational support that should be undertaken to yield maximum overall business benefit. This is a complex undertaking, depending on the right balance of projects, shared resources and combined infrastructure. Determining the right mix of projects and timing depends on many factors, including:

• Delivery and Execution Risk
• Availability of Skilled Resources
• Alignment with Corporate Strategy
• Initial and Ongoing Costs
• Time to Market
• Tactical and Strategic Benefits
• Process and Control Overhead

Implementing a rigorous, auditable, and versatile PPM approach is a critical need for businesses facing investment that has begun to span business units, and project challenges that require multiple business unit interactions. Gartner indicates, significantly, that cross-business-unit investment is significantly increasing; without a systematic approach to managing the complexity of large, interacting projects across multiple business units, IT budgets and schedules will be strained in ways they have not yet seen.

SIBRIDGE develops project portfolio management approaches for organizations to maximize the business value of their IT projects.

We provide approaches that are tailored to the specific size, culture and business objectives of our clients. We also perform initial assessments beforehand, implementation, and quality assurance and KPI checks after implementation.

Once properly designed and operational, effective Project Portfolio Management provides enormous benefits to both the business and IT. These include:

• Alignment of IT Investments with Business Priorities
• Objective and Repeatable IT Project Decision Processes
• Increased Resource Utilization and Productivity
• Increased Delivery of Projects On Budget and Schedule
• Decreased IT Operational Costs

SIBRIDGE consultants bring direct experience from multiple IT management roles, across multiple industries, providing an objective view of closely held infrastructure and application portfolio investment.

Our approach, our integrity and commitment to driving out the right solution for each client provides our customers with an effective and timely means of reducing application portfolio complexity and aligning project portfolios with business needs.