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Benefits of Business Requirements Management

Analysts report that poor business requirements management accounts for as much as 71 percent of software project failures. The main cause is the gap between:

  • What the business team wants
  • How the business team communicates this
  • What IT understands and delivers

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Checklist for Project Portfolio Management Project

Project Portfolio Management (PPM) is a very good instrument to implement many important aspects of IT Governance. PPM makes it possible to centralize business constraints and governance policies which should be central to all IT Services.

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Project Portfolio Management Prerequisites

In order to be successful with Project Portfolio Management a number of prerequisites must be met:

  • The will to change;
  • A pathfinder project;
  • Celebration of successes;
  • Proper selection, training and coaching of employees;
  • Time to manage Project Portfolio Management as an asset.

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How Can Portfolio Management Help With Decisions Regarding Migration Versus Greenfield

Greenfield and migration strategies have specific advantages and disadvantages. To be able to make a decision you have ask yourself questions like:

  • What are we going to do with our current legacy infrastructure?
  • What are we going to do with are current legacy technology?
  • And what are going to do with our current employees?

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What Is Project Portfolio Management

Portfolio Management is making sure that you optimize the revenue potential while keeping as low as possible on resource usage.

Project Portfolio Management makes it possible to use your IT as an assessment. It facilitates:

  • Planning;
  • Controlling;
  • Managing;
  • Reporting.

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The Business Case for Project Portfolio Management

Did you ever realized how many projects fail, and how this occurs? This means that management of your portfolio can lead to a significant improvement of your Return On investment (ROI).

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Business Process Competence Center from the Requirements Management Viewpoint

Business processes are very important to a company. Therefore, one can consider the knowledge of a business process as being part of the companies assets. This is a good line of thinking. The management of this capital should be done by business management. There seems to be no reason to delegate capital management to staff.

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Migration of Requirements Versus Greenfield

Every now and then a business manager has to ask himself whether to continue with his current processes, or start allover again. So it is appropriate to provide some information on this subject.

Advantages and Disadvantages Of Greenfield and Migration Strategies

Viable questions with this regard are issues like:

  • What are we going to do with our current legacy infrastructure?
  • What are we going to do with are current legacy technology?
  • And what are going to do with our current employees?

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Business Case Requirements Management

Did you ever realized how many projects fail, and how this occurs?

Forrester reports on poor requirements (2006) a survey of the Standish Group's 1994 Chaos Report. Standish found, querying over 352 companies reporting on over 8,000 software projects, that the top three project impairment factors were:

  • Lack of user input (12.8% of respondents);
  • Incomplete requirements and specifications (12.3%);
  • Changing requirements and specifications (11.8).

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