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What is the IT Investment Management Approach?
Essentially, the Approach is an analytical framework for linking IT projects / activities and investment decisions to an organization's strategic goals and business plans.
Many Organizations Already Have the Elements
The Approachs elements (e.g., business objectives) are hardly new or groundbreaking. In our experience, most organizations already have in place many of the elements (e.g., strategic goals, and IT projects).
The Approach Organizes the Elements
What makes the Approach noteworthy is that it systematically organizes the elements into a cohesive process for the purpose of making better IT decisions.
The next page illustrates why a systematic approach is needed.
IT Investment Management Approach, Lesson 1 of 21