Sample Essay on:
IT Portfolio Management

Here is the synopsis of our sample research paper on IT Portfolio Management. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

A 5 page paper defining and discussing the use of the IT portfolio as a means of gaining control over IT projects and IT costs. ITPM is an approach to managing IT and IT projects as components of a larger portfolio of IT-related assets. This implies, of course, that the one managing that portfolio is able to identify and assess applicable risks and quantify potential returns. The portfolio management approach is being used in a wide range of industries and appears to be gaining attention of additional ones. Bibliography lists 6 sources.

Page Count:

5 pages (~225 words per page)

File: CC6_KSitPortfoMgmt.rtf

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Unformatted sample text from the term paper:

portfolio can be a satisfying activity (or not, depending on its contents), but stroking the ego of the portfolios owner is not the ultimate - or even an important - reason for viewing finances within the context of the portfolio. The primary reason for being for the financial portfolio is to (1) provide a systems view of the entire picture; (2) provide early warning when one or more aspects of the portfolio is not performing as expected; and (3) highlight changing risk positions of various investment vehicles. These are also the same basic goals of information technology portfolio management (ITPM). What It Is ITPM is an approach to managing IT and IT projects as components of a larger portfolio of IT-related assets. It equates to "managing IT as a portfolio of assets similar to a financial portfolio and striving to improve the performance of the portfolio by balancing risk and return" (Jeffery and Leliveld, 2004; p. 41). This implies, of course, that the one managing that portfolio is able to identify and assess applicable risks and quantify potential returns. Defining Risk The defining concept of risk management is that it minimizes the risk associated with any available choice of action. The risk that exists arises from uncertainty in a variety of arenas, including economic, social, political and even physical conditions; and how those conditions interact with each other to form a collective climate and atmosphere that exists only in the present time. If all possible sources of risk could be identified and accounted for, the resulting truth would exist only for the moment in which it can be recognized. One or more factors ...

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