IT Portfolio Management
It is important to make sure that IT investments are planned, prioritized, cost-effective, and support the missions and business goals of the organization. Based on the Office of Management and Budget (OMB) and GAO guidance, NISH can help your organization develop a Capital Planning and Investment Control (CPIC) process. The CPIC process encompasses all stages of portfolio analysis from investment selection to monitoring steady-state investments. We help federal agencies analyze investments and provide meaningful capital planning information that allows them to assess and manage their information technology (IT) portfolios throughout the select, control, and evaluate phases of each investment’s life cycle. NISH will work with your organization to develop investment selection and ranking criteria, to determine the projects mix in the overall investment portfolio, and to develop policies and procedures for continuing current investments. Our team can also assist your organization with post implementation reviews (PIRs), reoccurring operational analysis, and Information Technology Investment Management (ITIM) evaluations. The CPIC process will help your organization compare each investment (or project) on multiple levels to identify which investments (or projects) are no longer meeting organizational objectives, are over budget, or have not met performance goals. The result is that your organization will be able to make better-informed decisions about which investments (or projects) to select, which investments (or projects) to discontinue, and how to balance the portfolio between existing and new investments. |
