KnE Engineering

ISSN: 2518-6841

The latest conference proceedings on all fields of engineering.

Best Practices and Methodologies for IT Project Portfolio Management

Published date: Jan 30 2018

Journal Title: KnE Engineering

Issue title: Simposio Iberoamericano en Programación Informática (Ibero-American Symposium on Computer Programming)

Pages: 125-140

DOI: 10.18502/keg.v1i2.1490

Authors:
Abstract:

Abstract. In today's business environment, a key factor for decision making is the IT projects portfolio management (ITPPM). IT projects must be aligned with the objectives, goals and strategies, which is achieved through the appropriate application of a methodology for ITPPM. The experienced application of a methodology depends on the experience of the managers of ITPPM, considering that the application of methodologies generates best practices, it becomes necessary to study some of the more representative methodologies and obtain the best practices that allow novice administrators to initiate their portfolio management activities in information technology projects. In this article, three methodologies are studied, from which best practices are obtained, as results; a hierarchy of best practices is obtained so that project managers can be guided or introduced in their field.

References:

[1] S. S. Bonham, IT project portfolio management. Artech House, 2005.


[2] I. Aguilar Alonso, J. D. Carrillo Verdún, and E. Tovar Caro, “Importancia de la Gestion del Proceso de la Demanda de TI,” Rev. Procesos Metricas RPM, 2008.


[3] I. Aguilar Alonso, J. Carrillo Verdún, and E. Tovar Caro, “Description of the structure of the IT demand management process framework,” Int. J. Inf. Manag., vol. 37, no. 1, pp. 1461–1473, Feb. 2017.


[4] I. A. Alonso, J. C. Verdún, and E. T. Caro, “The Importance of IT Strategic Demand Management in Achieving the Objectives of the Strategic Business Planning,” in 2008 International Conference on Computer Science and Software Engineering, 2008, vol. 2, pp. 235–238.


[5] E. Culqui, H. Manolo, G. González, and J. Fernando, “Mejoras prácticas para la gestión de portafolio de proyectos de IT-aplicación a un laboratorio farmacéutico,” 2009.


[6] J. B. Williams, The Theory of Investment Value, Reprint edition. Fraser Publishing Co., 1997.


[7] H. Markowitz, “Portfolio Selection*,” J. Finance, vol. 7, no. 1, pp. 77–91, Mar. 1952.


[8] A. O. Petters and X. Dong, “Markowitz Portfolio Theory,” in An Introduction to Mathematical Finance with Applications, New York, NY: Springer New York, 2016, pp. 83–150.


[9] I. Aguilar Alonso, J. D. Carrillo Verdún, and E. Tovar Caro, “Importancia de la Gestion del Proceso de la Demanda de TI,” Rev. Procesos Metricas RPM, vol. 5, no. 2, pp. 25–34, May 2008.


[10] “PMI | Project Management Institute.” [Online]. Available: https://www.pmi.org/. [Accessed: 27-Jul-2017].


[11] R. Xue, C. Baron, P. Esteban, and L. Zheng, “Integrating the ISO/IEC 15288 Systems Engineering Standard with the PMBoK Project Management Guide to Optimize the Management of Engineering Projects,” in Complex Systems Design & Management, Springer, Cham, 2016, pp. 291–291.


[12] B. Maizlish and R. Handler, It Portfolio Management Step-by-step: Unlocking the Business Value of Technology. Chichester, UK: John Wiley and Sons Ltd., 2005.


[13] I. A. Alonso, J. C. Verdún, and E. T. Caro, “Project Prioritization as a Key Element in IT Strategic Demand Management,” in Innovations and Advances in Computer Sciences and Engineering, T. Sobh, Ed. Dordrecht: Springer Netherlands, 2010, pp. 417–422.


[14] A. J. V. Monteiro, “Project management office (PMO)?: typologies and models,” Jan. 2017.


[15] C. Bredillet, S. Tywoniak, and M. Tootoonchy, “Exploring the dynamics of project management office and portfolio management co-evolution: A routine lens,” Int. J. Proj. Manag., May 2017.


[16] “Monteforte: Doing IT Right. 8 Steps to Project Portfolio... - Google Académico.” [Online]. Available: https://scholar.google.es/scholar?cluster = 1204662600553792222&hl=es&as_sdt=2005&sciodt=0,5. [Accessed:12-Jul-2017].


[17] E. Miranda, Running the Successful Hi-tech Project Office. Artech House, 2003.


[18] C. Verhoef, “Quantitative IT portfolio management,” Sci. Comput. Program., vol. 45, no. 1, pp. 1–96, Oct. 2002.


[19] B. H. Cameron, “IT Portfolio Management: Implementing and Maintaining IT Strategic Alignment,” Httpservicesigi-Glob.-1-59140-908-3ch003, pp. 38–67, 2006.


[20] G. G. Grant and R. Collins, “IT Investment Portfolio,” in The Value Imperative, Palgrave Macmillan, New York, 2016, pp. 113–123.


[21] Project Portfolio Management.


[22] Y.-C. Shen, P.-S. Chen, and C.-H. Wang, “A study of enterprise resource planning (ERP) system performance measurement using the quantitative balanced scorecard approach,” Comput. Ind., vol. 75, pp. 127–139, Jan. 2016.

Download
HTML
Cite
Share
statistics

1070 Abstract Views

325 PDF Downloads