OSPMI May Chapter Meeting

 by Rob Donnellan

It was 2002.  To generate interest in PMOffice, its Project Portfolio Management solution, software vendor Systemcorp felt it needed to educate the marketplace.  

META Group (at the time, a key Gartner Group competitor) had established a team of consultants in 1999 to develop an IT Portfolio Management practice.  The conceptual foundation for the practice was that the IT organization should not be treated as a cost center, but as a value center.  In fact, the “IT Portfolio Management” label came from applying a stock market investing analogy to the treatment of an organization's IT assets.   

Systemcorp paid to have Rob Donnellan, one of the original members of the META Group team, deliver an IT Portfolio Management presentation to PMI groups across the US.

Let’s discuss:

* The original META Group definition of IT Portfolio Management in 2002.

* How has the definition evolved?

* What parts of it can we say have - and have not - been adopted in the marketplace?

* How well has the definition stood the test of time?

* How does it connect to project/program management?

Earn 2 PDUs!

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As a senior management consultant for 25+ years, Rob Donnellan helped organizations incorporate leading practices to improve performance where business and IT intersect.  This includes managing projects & programs in areas such as Business Process Management (BPM), Business Architecture, IT Governance, IT Portfolio Management, Customer Relationship Management (CRM), and Performance Architecture.  Rob has delivered presentations, webinars, and podcasts to groups such as the APQC, SPIN, SIM, IQPC, ISMA, Balanced Scorecard Collaborative, Australian Computer Society, and Software Process and Measurement Cast.  His recent involvement with project rescues has him questioning whether it's time to define the next generation of project & program management.  Rob holds a Bachelor's Degree in English, and a Masters Degree in Computer Science.