IT organizations are going through major transformations. The better ones are able to align very closely with business requirements and act as innovators helping to drive new business initiatives. However even the best IT groups are likely to need to maintain older IT systems and processes that are better suited to some of their activities. This leads to an IT organization that may be referred to as bimodal. Another way to look at it is two-speed because the traditiaonla approach may use waterfall methods while the new teams implement a DevOps approach with agile and other methodologies. Sometimes this is one IT organization still under the control of a CIO, other times this can be two organizations with the traditional environment run by a CIO and the agile activities being owned by the line of business.
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My perspective in that discussion is that, whatever the makeup of your technology groups, there is a need for consistent, end-to-end management of the portfolios involved. Most commonly we focus on the Project portfolios – whether they are waterfall or agile projects. We also like to control the portfolio of applications or services and increasingly we’re looking at other portfolios such as the portfolio of suppliers, human resources etc.
However an investment turns into a project, there needs to be some kind of demand process to capture the requirements, verify the scope, ensure it aligns with business goals and gets properly prioritiezed – so you’re not just working on projects for whoever shouts the loudest!
A comprehensive system allows you to link demand with available resources and keeps track of all the projects to understand the implications of taking on new work, or to ensure the right balance of projects is being tackled. Recent innovations mean that this kind of end-to-end project and portfolio management system can be implemented in most organizations relatively simply – e.g. by being hosted in the cloud and by making use of information from tools that are already in use such as agile toolsets (Jira, VersionOne etc.)
Feel free to comment here and add your thoughts or provide feedback on the points made in the webinar.
Article source: HP PPM Blog