CobiT definition:
Actively manage with the business the portfolio of IT-enabled investment programmes required to achieve specific strategic business
objectives by identifying, defining, evaluating, prioritising, selecting, initiating, managing and controlling programmes. This should
include clarifying desired business outcomes, ensuring that programme objectives support achievement of the outcomes,
understanding the full scope of effort required to achieve the outcomes, assigning clear accountability with supporting measures,
defining projects within the programme, allocating resources and funding, delegating authority, and commissioning required
projects at programme launch.
Bill says,
This is a fancy way of saying, “plan the work and work the plan.” You’ve engaged with the business in defining a strategic plan and project portfolio, but that isn’t a static event. You need to continually monitor performance, adapt, and if necessary move into new areas. If you did your planning right all of that is done jointly with the business so that at all times you are in agreement what IT is doing and how that is helping the business. You can’t just build your project portfolio and dive head-first into the work. This is a living, breathing thing.
Actively manage is the key phrase.
So the sixth and final step in building the Strategic IT Plan is to actively manage the IT Portfolio, working closely with the business to ensure transparency into what IT had planned to do and what IT is actually doing.
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