IT portfolio management
Portfolio management is like playing with a bunch of different toys. You have different toys that you like to play with, and you want to make sure that you are spending time with all of them in the right way. You also need to make sure that you take care of them and that they don't get lost or broken.
In the same way, companies have different technology toys that they rely on for their business. They have computers, software, and other tools that help them do their work. IT Portfolio Management is about making sure that these different technology tools are being used in the right way, at the right time, and that they are being taken care of.
Just like you might have a schedule for playing with your toys, companies need to plan out when they will use which technology tools. They also need to make sure that they have enough resources, like people and money, to take care of the tools and keep them working properly.
If a toy is broken, you might need to fix it or replace it with a new one. Similarly, if a technology tool is not working properly, the company needs to take action to fix it or replace it with something better.
The goal of IT Portfolio Management is to make sure that the company's technology tools are helping the business to work efficiently and effectively. By managing their IT portfolio, companies can make sure they are using the right tools at the right time, and that they are keeping up with the latest technology trends.
In the same way, companies have different technology toys that they rely on for their business. They have computers, software, and other tools that help them do their work. IT Portfolio Management is about making sure that these different technology tools are being used in the right way, at the right time, and that they are being taken care of.
Just like you might have a schedule for playing with your toys, companies need to plan out when they will use which technology tools. They also need to make sure that they have enough resources, like people and money, to take care of the tools and keep them working properly.
If a toy is broken, you might need to fix it or replace it with a new one. Similarly, if a technology tool is not working properly, the company needs to take action to fix it or replace it with something better.
The goal of IT Portfolio Management is to make sure that the company's technology tools are helping the business to work efficiently and effectively. By managing their IT portfolio, companies can make sure they are using the right tools at the right time, and that they are keeping up with the latest technology trends.