Strategic Investment Management

Strategic Investment Management applies the disciplines of asset portfolio management to business technology and other productive assets. It translates strategy into action by subjecting all initiatives to a consistent framework for approval and prioritization, requiring each to show why it is a superior investment in the mix of possibilities; it establishes the means for determining both the demand for the human, financial, and capital resources required for each investment, and its supply; and, it establishes and empowers the investment management office which, is charged with maximizing the returns from each of the enterprise’s investments. Lastly, it establishes and maintains a regimen for preparing, launching, and executing projects once approved, ensuring that all participants in the process are working within the same guidelines toward the planned result.

The Portfolio and Program Management Capability (Foundation Capability) provides visibility into the investment planning and results of the assets and programs portfolio of the enterprise – wherever technology and business intersect. It is focused on effective program monitoring and execution, employing proven management techniques to evaluate performance, identifying areas of strength and weakness, and acts decisively and preemptively to maximize returns from the enterprise’s investments.

The Approval and Prioritization Capability (Foundation Capability) establishes the criteria used for evaluating alternatives, specifying the decision-making process, and prioritizing business technology investments. It provides a consistent framework for planning, proposing, and deciding upon business technology initiatives.

The Project Analysis and Design Capability applies business technology to project execution throughout the entire implementation life cycle, ensuring that each major business technology initiative maximizes reuse of existing assets; optimizes business technology standards; and, benefits from appropriate oversight.

The Resource and Demand Management Capability provides for an appropriate and adequate mix of people, financial, and physical assets to meet the demands of the enterprise; it also provides the foundation for analyzing the characteristics of demand for the enterprise’s business technology initiatives.