Business models are a helpful way to define a business strategy and steer an organization in the “right” direction. Furthermore, business models foster discussions on the way organizations want to deliver value to their customers. Building business models is fun! Thinking about your organization and its future in an abstract manner is addictive, since there is no […]
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.
Enterprise Architecture supports implementation of change in a coordinated way. Building an Enterprise Architecture Capability is a process of change in itself, and thus can be supported by Enterprise Architecture methods and tools. In this White Paper we described how a high-level approach for the initiation and development of the Enterprise Architecture capability can be […]