IT Portfolio Management

IT Portfolio Management is a strategic approach organizations use to oversee all their technology projects, investments, and assets. It involves evaluating, prioritizing, and balancing IT initiatives to ensure they align with business goals, optimize resource use, and deliver value. Think of it as managing a financial portfolio, but instead of stocks and bonds, it’s managing various IT activities and investments to maximize benefits and minimize risks. This process helps organizations make informed decisions about where to invest in technology and how to allocate resources effectively for long-term success.