It Project Portfolio Prioritization

IT Project Portfolio Prioritization
D arn Reichenbach
University of Phoenix
CIS Strategic Management
CMGT 578
Tina Burton
June 20, 2011

IT Project Portfolio Prioritization
In this paper, there are two holds of differing systems for different companies that will be discussed and prioritized based on certain criteria (CMGT 578 Syllabus v.5, c. 2010) which are:
-The project drives or gets more(prenominal) revenue for the corporation.
-The project cuts the cost of doing business.
-The project is mandated by laws (federal, state, county, or local) or executive orders.
-The competitor has undertaken a similar project.
To begin, the definition of project portfolio management is that it organises a series of projects into a angiotensin converting enzyme portfolio of reports that capture project objectives and other critical factors (Haughey, 2011). Haughey goes on to put that running a series of projects is more than running quaternate projects. It is about assessing each portfolio by its business value and how it adheres to the strategy as established by IT. The portfolio should be designed to secure a defined business objective or get (Haughey, 2011).




Therefore, having cited the definition, the next phase is to take a project, say one like creating a DBMS for a trucking union or creating a CRM for a healthcare head lookup organization and stacking their importance up against the criteria listed above and then create a scorecard for each of those criteria and how these projects are ranked in importance by the company.
Without further ado, the early project, that of creating and integrating a DBMS system for Huffman Trucking will be the first to target. This DBMS will allow Huffman Trucking to manage the accruement of raw information. The initial planning of the entropybase management system is imperative. This project will allow for the collection of all interrelated data as well as the systems required to allow the...If you involve to get a full essay, order it on our website: Orderessay



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