IT Portfolio Management: Unlocking the Business Value of Technology - Hardcover

Maizlish, Bryan; Handler, Robert

Hardcover

ISBN 10: 0471649848 ISBN 13: 9780471649847

Publisher: Wiley, 2005

Synopsis

Praise for IT Portfolio Management Step-by-Step

"Bryan Maizlish and Robert Handler bring their deep experience in IT 'value realization' to one of the most absent of all IT management practices--portfolio management. They capture the essence of universally proven investment practices and apply them to the most difficult of challenges--returning high strategic and dollar payoffs from an enterprise's IT department. The reader will find many new and rewarding insights to making their IT investments finally return market leading results."
--John C. Reece, Chairman and CEO, John C. Reece & Associates, LLC Former deputy commissioner for modernization and CIO of the IRS

"IT Portfolio Management describes in great detail the critical aspects, know-how, practical examples, key insights, and best practices to improve operational efficiency, corporate agility, and business competitiveness. It eloquently illustrates the methods of building and integrating a portfolio of IT investments to ensure the realization of maximum value and benefit, and to fully leverage the value of all IT assets. Whether you are getting started or building on your initial success in IT portfolio management, this book will provide you information on how to build and implement an effective IT portfolio management strategy."
--David Mitchell, President and CEO, webMethods, Inc.

"I found IT Portfolio Management very easy to read, and it highlights many of the seminal aspects and best practices from financial portfolio management. It is an important book for executive, business, and IT managers."
--Michael J. Montgomery, President, Montgomery & Co.

"IT Portfolio Management details a comprehensive framework and process showing how to align business and IT for superior value. Maizlish and Handler have the depth of experience, knowledge, and insight needed to tackle the challenges and opportunities companies face in optimizing their IT investment portfolios. This is an exceptionally important book for executive leadership and IT business managers, especially those wanting to build a process-managed enterprise."
--Peter Fingar, Executive Partner Greystone Group, coauthor of The Real-Time Enterprise and Business Process Management (BPM): The Third Wave

"A must-read for the non-IT manager who needs to understand the complexity and challenges of managing an IT portfolio. The portfolio management techniques, analysis tools, and planning can be applied to any project or function."
--Richard "Max" Maksimoski, Senior Director R&D, The Scotts Company

"This book provides an excellent framework and real-world based approach for implementing IT portfolio management. It is a must-read for every CIO staff considering how to strategically and operationally impact their company's bottom line."
--Donavan R. Hardenbrook, New Product Development Professional, Intel Corporation

About this title

About the Author

BRYAN MAIZLISH, PMP, is Chief Technology Officer—Program Team at Lockheed Martin Integrated Systems & Solutions. He is also the Chairman for the annual Strategic & Operational Portfolio Management conference cosponsored by the PDMA and IIR. He is a certified Project Management Professional (PMP^®) by The Project Management Institute (PMI^®). He has served in management roles for companies that developed the Internet strategy, design and architecture, systems integration, and implementation for many global 2000 companies. He received his MBA from the Wharton School of Business and was a member of the 1983 Rose Bowl Champion UCLA football team.

ROBERT HANDLER is Vice President, Enterprise Planning & Architecture at Gartner, Inc., the leading provider of research and analysis on the global information technology industry. Prior to joining Gartner, he led the IT portfolio management research for META Group Inc., and is a sought-after speaker and author of numerous research papers on the topic. He has over fifteen years of experience in all aspects of information technology, and has worked at such esteemed organizations as IBM and Ernst & Young LLP. He holds a bachelor of science in business administration from Pepperdine University and an MBA in information and decision systems from San Diego State University. He lives in San Diego with his wife, two children, and two golden retrievers.

From the Back Cover

IT PORTFOLIO MANAGEMENT STEP-BY-STEP

Information technology (IT) provides inordinate value if applied properly. Identifying and implementing new value and revenue opportunities while maximizing return based on existing investments is contingent upon understanding the entire portfolio of information technology investments. Just as a financial investment portfolio requires constant monitoring and action, the investments a company has, or is making, in IT must constantly be evaluated. This need is evermore heightened in today's demanding regulatory environment. While silver bullet solutions do not exist for difficult problems, IT portfolio management provides a realistic approach to ensuring that investments in technology continue to support the needs of all growing businesses.

Based on the authors' combined professional hands-on IT and financial experience of over thirty years; the unparalleled input and support from an army of individuals from Gartner, Inc., the leading provider of research and analysis in the global information technology industry; and extensive research, input, and case studies from many exemplary companies, IT Portfolio Management Step-By-Step provides the closest thing to a holy grail solution the first complete book ever published that presents a proven, pragmatic, and nontechnical approach to simplifying the process of achieving a rationalized and business-aligned IT portfolio.

IT Portfolio Management Step-By-Step encapsulates the essential ingredients novices and experts need to build or fortify an existing IT portfolio, including coverage of:

• The comprehensive five-level IT portfolio maturity model and portfolio metrics
• Policies, principles, organizational roles, and other governance aspects of IT portfolio management, including linkages to Sarbanes-Oxley and CobiT
• The IT life cycle and each IT sub-portfolio in their content and context
• The eight detailed stages and specific tasks of building, step by step, the IT portfolio, replete with realities and lessons learned
• Advanced IT portfolio management topics such as Monte Carlo Simulation, the Efficient Frontier Curve, Real Options, Analytical Hierarchy Process, Earned Value Analysis, Balanced Scorecard, and Scenario Planning
• Criteria for selecting an IT portfolio management tool vendor
• Insight regarding the impact of future trends and technologies on IT portfolio management

From the Inside Flap

Information technology (IT) provides inordinate value if applied properly. Identifying and implementing new value and revenue opportunities, while maximizing return based on existing investments is contingent on understanding the entire portfolio of information technology investments. Just as a financial investment portfolio requires constant monitoring and action, the investments a company has, or is making, in IT must constantly be evaluated. This need is evermore heightened in today's demanding regulatory environment. While silver bullet solutions do not exist for difficult problems, IT portfolio management provides a realistic approach to ensuring that investments in technology continue to support the needs of business.

Based on the authors' combined professional hands-on IT and financial experience of over thirty years, the unparalleled input and support from an army of individuals from the leading IT market research firm in the area of IT portfolio management, extensive research and case studies from many exemplar companies, IT Portfolio Management Step-By-Step provides the closest thing to a Holy Grail solution the first complete book ever published that presents a proven, pragmatic, and non-technical approach to simplifying the process of achieving a rationalized and business-aligned IT portfolio.

IT Portfolio Management Step-By-Step encapsulates the essential ingredients novices and experts need to build or fortify an existing IT portfolio, including extensive coverage of:

• The comprehensive five-level IT portfolio maturity model and portfolio metrics
• Policies, principles, organizational roles, and other governance aspects of IT portfolio management, including linkages to Sarbanes-Oxley and CobiT
• The IT life cycle and each IT sub-portfolio in their content and context
• The eight detailed stages and specific tasks of building, step by step, the IT portfolio, replete with realities and lessons learned
• Coverage of advanced IT portfolio management topics such as Monte Carlo Simulation, the Efficient Frontier curve, Real Options, Analytical Hierarchy Process, Earned Value Analysis, Balanced Scorecard, and Scenario Planning
• Criteria for selecting an IT portfolio management tool vendor
• Insight regarding the impact of future trends and technologies on IT portfolio management

Edition details

• Publisher: Wiley
• Publication date: 2005
• Language: English
• ISBN 10: 0471649848
• ISBN 13: 9780471649847
• Binding: Hardcover
• Edition number: 1
• Number of pages: 400