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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

IS Project and Portfolio Management

IS Project and Portfolio Management
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Author(s): Brian Cameron (Pennsylvania State University, USA)
Copyright: 2008
Pages: 21
Source title: Handbook of Research on Instructional Systems and Technology
Source Author(s)/Editor(s): Terry T. Kidd (Texas A&M University, USA)and Holim Song (Texas Southern University, USA)
DOI: 10.4018/978-1-59904-865-9.ch034

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Abstract

Instructional Systems Portfolio Management (ISPM) is a topic of intense interest in the strategic management of Instructional Systems (IS). In ISPM, IS synchronization with corporate business strategy is operationalized by the application of the principles of financial portfolio management to IS investments. This perspective is crucial to the continual alignment of business strategy and IS investments. Portfolio management is the discipline of managing projects together as a portfolio that meets corporate objectives. It optimizes development investment and resource allocation across multiple projects. This chapter investigates current techniques and best practices for managing IS project portfolios and strives to create a solid bridge between project management, corporate strategy and IS investments.

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