{"id":17285,"date":"2019-08-29T00:00:00","date_gmt":"2019-08-29T05:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/"},"modified":"2019-08-29T00:00:00","modified_gmt":"2019-08-29T05:00:00","slug":"document-management-enterprise-work-collaboration-software","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/","title":{"rendered":"IT portfolio management: best practices"},"content":{"rendered":"<p> <!-- .post-meta --><\/p>\n<p><span style=\"font-weight: 400\">IT portfolio management is gaining importance as enterprise IT departments continue to grow in size and significance within their organizations. In addition to traditional responsibilities like managing networks, supporting user devices and maintaining websites, more and more IT departments are being tasked with developing new products and new workflows to help companies compete in the digital age. The expanding role of IT means that there are more projects underway at any given time, and there is more potential for conflict between project priorities and resource demands.<\/span><\/p>\n<p><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\" alt=\"best practices for IT PPM\" height=\"400\"><\/p>\n<p><span style=\"font-weight: 400\">This is where IT portfolio management comes in. No enterprise can expect to coordinate its IT activities without a strategic perspective on its multitude of ongoing and planned projects. If you are an IT project manager who has recently taken on portfolio management responsibilities, you may be wondering where to start. The <\/span><a href=\"https:\/\/www.clarizen.com\/work\/project-portfolio-management-best-practices\"><span style=\"font-weight: 400\">IT portfolio management best practices<\/span><\/a><span style=\"font-weight: 400\"> listed here will help you hit the ground running and keep your department&#x2019;s work aligned with your company&#x2019;s long-term goals.<\/span><\/p>\n<p><b>Go One Step at a Time <\/b><\/p>\n<p><span style=\"font-weight: 400\">If your organization isn&#x2019;t taking a formal approach to IT portfolio management today, don&#x2019;t try to go from zero to one hundred overnight. Take a <\/span><a href=\"https:\/\/www.projectsmart.co.uk\/the-phased-approach-to-project-management-implementation.php\"><span style=\"font-weight: 400\">staged or phased approach<\/span><\/a><span style=\"font-weight: 400\">, and focus on implementing your portfolio management strategy in a single business unit or IT area before expanding through the rest of the department. This will help with change management, and will also let you work out any flaws in your process while you&#x2019;re still at a small scale.<\/span><\/p>\n<div id=\"content-cta\">\n<div id=\"content-cta-text\">Increase your business agility with Planview AdaptiveWork&#x2019;s project management software<\/div>\n<div id=\"content-cta-button\"><a href=\"https:\/\/www.clarizen.com\/resource\/product-tour\/?refer=blogpost\">Take a Product Tour<\/a><\/div>\n<\/div>\n<p><b>Measure Your Results<\/b><\/p>\n<p><span style=\"font-weight: 400\">One of the keys to successful portfolio management is measuring the long-term benefits of the projects you have completed. This data (which may take months or even years to collect) should then be compared to expectations from the initial stages of each project. If you see discrepancies between what your projects were predicted to deliver and what they actually delivered, it&#x2019;s time to re-think your project planning and approval process.<\/span><\/p>\n<p><b>Use the Right Tools <\/b><\/p>\n<p><span style=\"font-weight: 400\">It should go without saying that successful IT portfolio management is only possible when you use appropriate IT portfolio management software. Portfolio managers need the ability to track and report on a wide variety of activities, not just on a project by project basis, but across the entire enterprise. <\/span><a href=\"https:\/\/www.clarizen.com\/teams\/\"><span style=\"font-weight: 400\">Cloud-based portfolio management solutions<\/span><\/a><span style=\"font-weight: 400\"> like Planview AdaptiveWork have become increasingly popular, not only because they&#x2019;re easier and more cost-effective to implement, but because they include real-time reporting and collaboration tools that older solutions simply can&#x2019;t match.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Want to learn more about strategies for IT portfolio management success? Take the time to explore Planview AdaptiveWork&#x2019;s powerful, <\/span><a href=\"https:\/\/www.clarizen.com\/work\/it-portfolio-management-software\"><span style=\"font-weight: 400\">IT portfolio management software<\/span><\/a><span style=\"font-weight: 400\"> and find out how Planview AdaptiveWork can help you gain unprecedented visibility into task progress, resource allocations and more.<\/span><\/p>\n<p><\/p>\n<div class=\"client-logo\"> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Siemens Energy\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png\" alt=\"Siemens Energy\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"IIROC Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/07\/IIROC_logo-200x100.gif\" alt=\"IIROC Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Financial Services Institution\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/04\/FINANCIAL-SERVICES-IMG-200x100.jpg\" alt=\"Financial Services Institution\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"M Squared\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/03\/m-squared-logo-200x100.jpg\" alt=\"M Squared\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Aliancys Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/12\/aoc_aliancys-logo-800x400-200x100.jpg\" alt=\"Aliancys Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Bonfiglioli Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/bonfiglioli_logo-800x400-200x100.jpg\" alt=\"Bonfiglioli Success\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>IT portfolio management is gaining importance as enterprise IT departments continue to grow in size and significance within their organizations. In addition to traditional responsibilities like managing networks, supporting user devices and maintaining websites, more and more IT departments are being tasked with developing new products and new workflows to help companies compete in the&#8230;<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-17285","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IT portfolio management: best practices<\/title>\n<meta name=\"description\" content=\"These IT portfolio management best practices will help you hit the ground running &amp; keep your department\u2019s work aligned with your company\u2019s long-term goals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT portfolio management: best practices\" \/>\n<meta property=\"og:description\" content=\"These IT portfolio management best practices will help you hit the ground running &amp; keep your department\u2019s work aligned with your company\u2019s long-term goals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\" \/>\n<meta name=\"author\" content=\"Team AdaptiveWork\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team AdaptiveWork\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\"},\"author\":{\"name\":\"Team AdaptiveWork\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50\"},\"headline\":\"IT portfolio management: best practices\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\"},\"wordCount\":490,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\",\"articleSection\":[\"Project Portfolio Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\",\"url\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\",\"name\":\"IT portfolio management: best practices\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"description\":\"These IT portfolio management best practices will help you hit the ground running & keep your department\u2019s work aligned with your company\u2019s long-term goals.\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage\",\"url\":\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\",\"contentUrl\":\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blog.planview.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IT portfolio management: best practices\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.planview.com\/#website\",\"url\":\"https:\/\/blog.planview.com\/\",\"name\":\"Planview Blog\",\"description\":\"Leading the conversation on digital connected work\",\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.planview.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.planview.com\/#organization\",\"name\":\"Planview\",\"url\":\"https:\/\/blog.planview.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png\",\"contentUrl\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png\",\"width\":280,\"height\":66,\"caption\":\"Planview\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\",\"https:\/\/x.com\/Planview\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50\",\"name\":\"Team AdaptiveWork\",\"url\":\"https:\/\/blog.planview.com\/author\/team-adaptivwork\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IT portfolio management: best practices","description":"These IT portfolio management best practices will help you hit the ground running & keep your department\u2019s work aligned with your company\u2019s long-term goals.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/","og_locale":"en_US","og_type":"article","og_title":"IT portfolio management: best practices","og_description":"These IT portfolio management best practices will help you hit the ground running & keep your department\u2019s work aligned with your company\u2019s long-term goals.","og_url":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/","og_site_name":"Planview Blog","article_publisher":"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","article_published_time":"2019-08-29T05:00:00+00:00","og_image":[{"url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg","type":"","width":"","height":""}],"author":"Team AdaptiveWork","twitter_card":"summary_large_image","twitter_creator":"@Planview","twitter_site":"@Planview","twitter_misc":{"Written by":"Team AdaptiveWork","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#article","isPartOf":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/"},"author":{"name":"Team AdaptiveWork","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50"},"headline":"IT portfolio management: best practices","datePublished":"2019-08-29T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/"},"wordCount":490,"publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"image":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg","articleSection":["Project Portfolio Management"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/","url":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/","name":"IT portfolio management: best practices","isPartOf":{"@id":"https:\/\/blog.planview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage"},"image":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg","datePublished":"2019-08-29T05:00:00+00:00","description":"These IT portfolio management best practices will help you hit the ground running & keep your department\u2019s work aligned with your company\u2019s long-term goals.","breadcrumb":{"@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#primaryimage","url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg","contentUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/01\/best_practice.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/blog.planview.com\/document-management-enterprise-work-collaboration-software\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.planview.com\/"},{"@type":"ListItem","position":2,"name":"IT portfolio management: best practices"}]},{"@type":"WebSite","@id":"https:\/\/blog.planview.com\/#website","url":"https:\/\/blog.planview.com\/","name":"Planview Blog","description":"Leading the conversation on digital connected work","publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.planview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.planview.com\/#organization","name":"Planview","url":"https:\/\/blog.planview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","contentUrl":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","width":280,"height":66,"caption":"Planview"},"image":{"@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","https:\/\/x.com\/Planview"]},{"@type":"Person","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50","name":"Team AdaptiveWork","url":"https:\/\/blog.planview.com\/author\/team-adaptivwork\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/comments?post=17285"}],"version-history":[{"count":0,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17285\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/media?parent=17285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/categories?post=17285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/tags?post=17285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}