In this blog post, we discuss the value of an integrated approach to managing risk, compliance and security in the enterprise, using enterprise architecture as a backbone.
Challenges to program and project portfolio management
Often, organizations deal with hundreds of asset and change initiatives. If you don’t have all the facts to support a specific project, portfolio management often becomes “decibel-driven”: those with the loudest voices get their projects approved. So, as a project portfolio manager, how can you improve decision-making? By creating a clear line of sight from initiatives to the effects they have on: • Generating new business • Improving efficiency • Reducing costs • Ensuring regulatory compliance That’s where BiZZdesign can help.
Evaluate and prioritize your initiatives
BiZZdesign’s portfolio management function can help you organize your change initiatives in clear sets. You can define various metrics to evaluate and prioritize your initiatives based on factors such as benefits, cost and risk. Moreover, the platform integrates with enterprise architecture and other disciplines to provide you with full traceability from these initiatives to the results they plan to realize. This gives you a clear picture of the business impact and dependencies of these initiatives, which is crucial in deciding on priorities and planning.
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Looking back to many discussions about Digital Strategy with different organizations, most of them have the challenge of going through a balancing act day by day. Firstly, a Digital Oriented Organization needs to accept that the roles and responsibilities of Business and IT will merge together, whilst both parties need to enable business and IT […]
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