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RE: PPM Immaturity
True governance is built on structured level- components that make the results believable — or not.
The business case and need for enterprise IT governance is convincing. However, implementing effective and efficient enterprise IT Governance is problematic, multidimensional and resource intensive. Trouble areas include culture, environment, geography, organizational control, cost and commitment, to name a few. Add in the time required to implement real change, the systems to manage the transition, and desired end state. We have quite a challenge.
Project portfolio management (PPM) is an attempt to exercise some level of IT Governance, but what’s really going on behind the scenes is the true measure of meaningful IT Governance. When there are no common standards and methodologies, or collection and measurement practices, PPM is little more than a facade to make us feel like we’re in control.
Read PPM Immaturity, Study Finds. According to a research study conducted by Infosys Consulting, around 89 percent of CIOs in India are aware of PPM; however, only 17 percent of these CIOs understand the extensive benefits associated with PPM. The following figures highlight the PPM immaturity in this nation:
· 47 percent do not track projects centrally
· 41 percent do not have oversight to the entire IT budget
· 57 …
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