SeaQuation Prioritization
Balance risk and reward, reduce costs and optimize
value creation in your project portfolio.
At the management level of a company, you may run into some common problems such as
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Allocating the budget in an objective manner without exceeding available funds.
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Knowing how to create maximum utility from your IT project portfolio.
SeaQuation can help you assess your current project information for consistency and relevance. We will set up a road-map to increase the quality and transparency of decision-making information and develop a system for project evaluation. In addition, we will also provide guidance in selecting your optimal IT portfolio.
The first step to prioritizing your IT portfolio is to define your business strategy, which is normally a combination of business development, expansion and consolidation. IT strategy should be aligned with business strategy by supporting or enabling its main objectives. It is imperative that IT objectives be defined in concrete terms such as:
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Cost reduction on operational activities
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Development of new internet services
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Increased outsourcing of IT services.
It is crucial that the full commitment of management is present when devising IT strategy.
Before selecting individual projects for your IT portfolio, is it important to formulate general characteristics derived from the business strategy such as:
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Total IT budget
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Requirements for allocation by category
-Mandatory
-Business continuity
-Discretionary
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Selection by criteria
-Technology alignment
-Value creation
-Risk level
SeaQuation’s approach will clarify your business and IT strategy, define objectives for the IT portfolio, and improve the reliability and transparency of project data on costs, benefits and risks. We will also develop a methodology for project selection based on your criteria and help you design the optimal IT portfolio for your company.
The prioritization report will provide quantifiable decision making information to help you prioritize and optimize your IT portfolio.
