|
Project and Portfolio Management |
|
|
Success of a strategy is measured by the effectiveness of the implementation and the value delivered. In today’s environment funding is difficult and therefore it is extremely important to ensure the value delivered is maximized by ensuring the right projects with the right funding are selected. Delta Initiative's staff each have over 15 years of experience in helping organizations improve their project selection and the effectiveness of their technology investments by using a proven methodology focused on business results.
Common dilemmas many organizations face are:
- Aligning IT projects to business strategy and closing communication gaps
- Selecting and rationalizing the right portfolio of projects based on business criteria and selection criteria
- How to balance the project portfolio including strategic, business, and maintenance & support projects
- Changing priorities and shifting allocation of resources
- Increased project loads and speed of implementation
In difficult times, selecting the right projects is critical in for the effective use of limited budgets. An organization decide which projects to keep, which to cancel, and which to defer? Prioritization of the projects ensures the right projects are selected based on the value delivered. In addition to the projects, It is also critical to review operational systems to determine the value delivered to the organization. A majority of an IT budget is allocated to existing systems. Many times a review of the value delivered from the existing systems will identify opportunities for significant savings.

|