In There is no doubt that the PPM (Project and Portfolio Management) tool emphasises on reviewing the customer scenario amidst all the ambiguities. Besides this, it reviews available data and benchmarks and focuses on hard savings potential while also qualifying intangible savings from the effective utilisation of legacy applications. A thorough discovery and conservative value calculations build credibility and a successful RoI business case earns a complete buy in.
The key business drivers of any PPM solution would help the following objectives:
* Make fact-based decisions about initiatives and investments through comprehensive portfolio planning and analysis
Maximise utilisation of the most valuable asset--people
Execute programs flawlessly utilising best-practice methodologies
Gain financial transparency on programs, projects and service costs
Automate manual processes to speed decision-making, improve consistency and reduce cycle time
For any typical business case, the RoI factors in the financial metrics revolve around certain facts. For any best case, the RoI would be around 264 per cent. The pay back would be ensured in seven months. The ramp-up time would be observed in a 4-6 month period. The internal rate of return would be about 318 per cent.
An IT organisation will see benefits ranging from increased staff availability to a clear cloud strategy. However, the largest benefit of Application Portfolio Management will be observed by both the business and the IT organisation as the needs of each are brought into better alignment.
Lokesh Jindal, GM, Service and Portfolio Management, CA Technologies
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