For Application Development & Program Management Professionals (Length: 11 pages)

January 14, 2009

Four Steps To Optimize Your Application And Project Portfolios In Volatile Economic Times

by Phil Murphy, Margo Visitacion

with Mike Gilpin, David D'Silva


Executive Summary (This is a document excerpt)

Economic instability around the globe is forcing organizations to react: Some organizations will have to cut costs to survive, some organizations will proceed as usual, while still others will take a more predatory stance to gain market share from their weakened competition. In this climate, applications professionals need to be smarter than ever about their project and application portfolios, as smart moves can mean the difference between a productive year ahead and a year spent with too few resources to make a difference. Forrester presents this four-step process that will help you ensure that your application and project resources accomplish all they possibly can in 2009.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemStep One: Begin With Information Collection

itemAggregate Current Project Activity

itemAggregate Current Application Maintenance Activity

itemStep Two: Consolidate Information For Analysis

itemMeld The Information And Map It To Business Units

itemStep Three: Act On The Information

itemReconcile The Information With Business Leaders

itemStep Four: Repeat The Process And Make It Continuous

recommendations

itemTake Control Of Change Or Be Driven By It

Forrester developed these steps based on the accumulated experiences of hundreds of client companies that have addressed and are addressing their application portfolio and project and program portfolio management needs.

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Analyst: Margo Visitacion, Phil Murphy
Technology: Application Development, Architecture & Technology Strategy, Budgeting & Forecasting, Economy, IT Management, IT Spending & Budgeting, Portfolio Management & PMOs, Recession
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 10 out of 10
based on 3 ratings across all roles.
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