IT portfolio management attempts to maximize the organizational value of investment in projects and on-going services. It works by comparing the value of different portfolios of initiatives under a rigorous framework when making funding and staffing decisions, in a way that's analogous to the management of financial portfolios. A key process in IT portfolio management is the assessment of the value of projects and portfolios of projects. These are steps PM11 through PM13 in in the IT Governance Institute's Val IT framework.

For this meeting, Doug Hubbard will explain some of the alternatives to project and portfolio valuation and warn against the widespread but counterproductive use of weighted scores. We'll then hear about how several member companies are currently evaluating projects and portfolios. Our discussion time will focus on understanding the portfolio management problems we face and sharing solutions. As usual for this peer group, we'll focus on the perspective of the IT decision-maker rather than that of the portfolio management practitioner.

Presenter Doug Hubbard is the inventor of Applied Information Economics, the author of How to Measure Anything and The Failure of Risk Management, and a recognized expert in the field of IT value. He was formerly with Coopers & Lybrand and has over eighteen years experience in IT management consulting. He also managed large IT strategy and software projects in insurance, manufacturing, nuclear power, banking and pharmaceuticals. Doug has an MBA in Management Information Systems from the University of South Dakota.

Lunch will be served. Business casual attire is recommended.

Who Should Attend:

The IT Executives Circle is designed exclusively for corporate executives who have strategic and budgetary responsibility for their company's IT, e-business and/or Web-based initiatives.  IT executives may also invite employees who are specialists in the day's topic to this peer group.