Portfolio Management
Manage decision-making relating to technology-driven innovation projects through an innovation pipeline or portfolio.
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for Portfolio Management at each level of maturity.
- 2Basic
- Practices
- Basic IT innovation portfolio or pipeline.
- Limited view on innovation activity.
- Outcome
- Openly displaying IM pipeline examples from pockets of the IT organization helps the full organization understand goals/targets for innovation — and enables an optimized understanding of projects.
- Metrics
- # and types of projects in the pipeline.
- Pipeline efficiency metrics.
- 3Intermediate
- Practice
- IT innovation portfolio or pipeline deployed, visible and in use throughout the IT organization.
- Outcome
- Openly displaying IM pipeline examples from every area of the IT organization help the full organization understand goals/targets for innovation — and enable optimization and synergy between projects.
- Metrics
- Full IT org IM pipeline deployment metrics.
- # and types of projects in portfolio.
- Pipeline efficiency metrics.
- 4Advanced
- Practice
- A clear link is established between the IT innovation portfolio and the rest of the business innovation projects/activities visible and shared across enterprise.
- Outcome
- Openly displaying IM pipeline examples from IT and other Business Divisions helps understand goals/targets for innovation — and enable optimization and synergy between projects.
- Metrics
- Deployment metrics showing IT and other Divisions' projects in the pipeline.
- # and types of projects in portfolio.
- Pipeline efficiency metrics.
- 5Optimized
- Practices
- IT innovation portfolio shares the same integrated approach with business across the enterprise.
- IT innovation portfolio management applied outside the boundary of the enterprise with partners and suppliers, etc.
- IT innovation portfolio management viewed as a best practice in the industry.
- Outcome
- Openly displaying IM pipeline examples from IT, other Business Divisions and partners and suppliers helps understand goals/targets for innovation — and enable optimization and synergy between projects.
- Metrics
- Full org IM pipeline deployment metrics.
- # and types of projects in portfolio.
- Pipeline efficiency metrics.