IT MANAGEMENT PROCESS COVERAGE

IT PORTFOLIO MANAGEMENT and BUDGETING

The main objective of these closely linked processes is to improve visibility and alignment of IT investments with continuously evolving business goals.

The Artemis ITM solution enables the IT Organization to consider the portfolio from multiple perspectives including value, thereby providing the agility to frequently and easily rebalance allocated funds, and revisit priorities and budgets.

Selection and Prioritization

A particular strength of the Artemis solution is its ability to provide multiple analyses of the IT portfolio, including graphical views, showing factors such as project risk and reward, technology impact, and business value. It also allows ‘what-if’ simulations on the portfolio to help the organisation visualise the effects of differing levels of resource and capital investment, and can support the use of a balanced scorecard as an IT management methodology

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Measure investment performance and alignment with business goals
Analyze IT delivery according to investment value & time constraints
Balance your costs and expected revenues to identify the most valuable investments
Measure the risk impact on the IT portfolio and the delivery value
Identify investments which can be stopped, depending on their cost and discretion
Optimize your fund usage while maximizing ROI and cash-flow through graphical schedule simulations

Portfolio Budgeting

Artemis ITM offers a highly customisable, guided process for constructing a performance-based budget, which can be as simple or as sophisticated as required, to fit the needs of the organization. The required budget can be built up on a project basis, and then funds can be allocated from different departments or other funding sources.

The proposed portfolio can then be scaled to reflect the budget available, and go through an arbitration phase prior to final publication. The budget plan can then be transformed into an IT operational plan, and achievement and expenditure against budget can be reviewed on a continuous basis, with budgets being dynamically reallocated if required, to meet changing priorities. Artemis ITM also maintains a perspective over the life of multi-year projects, so that any changes are reflected into future periods.

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Manage the budget allocating process
Analyze trends between initiative estimates and budget
Understand funding needs for better predictive actions and potential savings
Adapt the investment budget to department fund constraints
Freeze overall budget after operational arbitration
Increase visibility on budget from a departmental and portfolio perspective
Transform the budget plan into IT operational plan

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Artemis ITM is the easiest solution on the market to implement effective IT Management over both strategy and execution.

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