Define a Strategic IT Plan
IT strategic planning is required to manage and direct all IT resources in line with the business strategy and priorities. The IT function and business stakeholders are responsible for ensuring that optimal value is realized from project and service portfolios. The strategic plan improves key stakeholders’ understanding of IT opportunities and limitations, assesses current performance, identifies capacity and human resource requirements, and clarifies the level of investment required. The business strategy and priorities are to be reflected in portfolios and executed by the IT tactical plan(s), which specifies concise objectives, action plans and tasks that are understood and accepted by both business and IT.
IT Value Management
The processes of IT working with the business to ensure that the enterprise portfolio of IT-enabled investments have solid business cases that provide for transparent, repeatable and comparable evaluation, including financial worth, the risk of not delivering a capability and the risk of not realizing the expected benefits. Providing effective, efficient and accountable delivery of the IT services with early warning of any deviations from plan, including cost, schedule or functionality.
Business - IT Alignment
Establish bi-directional education and reciprocal involvement in strategic planning to achieve business and IT alignment and integration. Mediate between business and IT imperatives so priorities can be mutually agreed.
There are no PSGs published for this topic; however, the topic is under review for future PSGs.
Assessment of Current Capability and Performance
Establish a baseline of capabilities and performance against which future requirements can be compared. Define performance in terms of IT’s contribution to business objectives, functionality, stability, complexity, costs, strengths and weaknesses.
There are no PSGs published for this topic; however, the topic is under review for future PSGs
IT Strategic Plan
Create a strategic plan that defines, in co-operation with relevant stakeholders, how IT goals will contribute to the enterprise’s strategic objectives and related costs and risks. The strategic plan should be sufficiently detailed to allow for the definition of tactical IT plans.
IT Tactical Plan
Create a portfolio of tactical IT plans describing IT-enabled investments that are derived from the IT strategic plan. Actively manage the set of tactical IT plans and initiatives through analysis of project and service portfolios.
There are no PSGs published for this topic; however, the topic is under review for future PSGs
IT Portfolio Management
Joint management of IT and the business of the portfolio of IT-enabled investments required to achieve specific strategic business objectives. Processes include identifying, defining, evaluating, prioritizing, selecting, initiating, managing and controlling investments and projects.