Why Read This
The role of today's CIO is less that of a technology steward and more that of an investment portfolio manager — trusted with the management of a considerable portion of an enterprise's funds to best meet the goals and desires of the firm. The IT portfolio represents the collection of projects, expenditures, and existing technology assets. IT portfolio management includes oversight, management, and control of the current and proposed components of the portfolio. Managing this portfolio requires disciplined processes supporting the buy/sell/hold decisions that maximize return, minimize risks, and create appropriate future options. Forrester has developed a framework to help CIOs understand the complexity of IT leadership capabilities required to execute business technology portfolio management (BT PM) — part of Forrester's best practices framework for BT leadership maturity. This report provides a self-assessment workbook for CIOs and their leadership teams to use in understanding their BT PM strengths and weaknesses — and in planning their approach to maturing BT PM.