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IT Portfolio Management

IT portfolio-management products can help you focus your department and tie each investment to the company's goals.

Most ITPM solutions have implemented the core functions of project management as defined by the Project Management Institute, a 112,000-member nonprofit association. These functions include:

• time management, for tracking timelines, milestones and deliverables;

• resource management, for scheduling and leveling of resources through integration with external sources of data;

• skills management, for providing a searchable repository of employees' skills and experience to aid in assigning resources;

• cost management, for estimating and tracking all hardware, software, staff and training costs;

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