What is the portfolio management?

IT (Information Technology) Portfolio Management is a management structure used by the company to manage the technology used in its operations. IT activities generally fall into one of the three categories: planned future initiatives, current projects and continuous services from the IT department. IT portfolio management often has three separate groups: application, infrastructure and project management. Companies usually group their IT activities in these groups to properly manage them and ensure that each project meets the company standards. Companies will group these items together because they represent an ongoing application commonly used by a company to perform tasks and activities. Owners and managers can use IT portfolio to group applications by age. Since technology in the business environment is changing quite often, companies must group AGE objects, so they can easily determine which ones are replaced in the primary need.

secondPart of the IT portfolio administration represents the IT infrastructure of the company. Infrastructure is often a hardware part of the company's technological systems. This category includes servers, personal computers, cables and other items needed to start software applications. Maintaining this information independently allows the company to determine what it uses to start systems and when it should consider upgrading to newer equipment. Changes in the current equipment can be either from internal or external forces, such as the requirements of current IT staff or changes in the client's application system.

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part of the portfolio administration infrastructure also measures the costs, staff and policy of human resources associated with IT departments. Many companies have strict standards for this department, and a large employee can paralyze the company's ability to use technology to higher profits. IT portfolio management allows you to examine the infrared accountingAstructuor and ensure that the costs are in budget people created by owners and managers.

The third part of the IT portfolio administration focuses on IT projects. These projects may be the result of future changes in the company's operating environment or one -off projects. Each project faces measurements such as the return on investment. Accounting will help to measure all projects in the portfolio to ensure that each adds the value of the company without creating profits. IT staff often works in tandem with accounting or other analysts to ensure that each project adds value to the company.