5. IT Governance; Policy and Portfolio Management

Differentiated Service Transparency & Understanding

Oversee the set of IT policies and investments with the necessary management and control functions

Description:

• IT portfolio Management will oversee all IT investments, including both large-scale  projects and short-term opportunities
• IT Governance must provide the management and control functions to integrate IT strategic planning, Enterprise Architecture, and change management

Value and Organizational Implications:

• IT investments will implement institutional and IT strategies
• The IT portfolio will be managed according to standard processes
• Governance and portfolio management provides insight into IT decision-making

Risks:
RATING: RED

• Representation and commitment from leaders across the institution
• Departments doing their own IT planning or budgeting outside IT Governance process
• IT project information availability

Start Finish Duration 1/1/2009 12/28/2011 156 weeks

Detail:

• 12 Months and ongoing Operations
• Contractors and procurement are optional
• Evolve IT Governance (decision making, priority setting, policy)
• Establish and Staff the PMO
• Formalize IT Portfolio Management:
• • Create and Maintain IT Portfolio
  • Assess Business Value and Performance