IT professionals are responsible for many moving pieces in a portfolio. From initiating projects and setting objectives to monitoring progress, IT professionals need consistency in their portfolio management to do their best – and that starts with visibility.
Many IT professionals don’t have real-time visibility into what their colleagues are doing and how a portfolio is performing. This can result in a very time-consuming, manual tracking of projects and a lack of insight. The success or failure of a project directly impacts the success or failure of the portfolio, resulting in the overall success or failure of the organization. That is why portfolio visibility is essential for IT professionals.
Visibility brings a clear and accurate picture of portfolio health to IT professionals. This kind of clarity can help align strategic goals and objectives with various projects inside an organization. It also allows for optimization, highlighting places where improvement is needed. Without it, it’s extremely difficult for IT professionals to do their jobs successfully.
IT professionals strive for collaboration and integration, and it can only be done with visibility in place. Portfolio visibility can help reduce risks by shedding light on any concerns before they become major issues.
Additionally, visibility gives IT professionals insight into the direction of the portfolio and the knowledge needed for important decision making. It also enables measurement and immediate evaluation of a portfolio’s health.
IT professionals need the visibility gap to be closed. This is where a portfolio management solution like CorasManage comes into play. CorasManage provides organizations with a comprehensive set of portfolio management tools that simplify how you run your business. It connects to your data, providing improved visibility across the organization. It also takes away the silos and helps align the strategic objectives across the organization to help create the strongest portfolio possible. With this kind of visibility in place, success is weaved throughout the organization.
Portfolio visibility is essential for IT professionals for the health of the portfolio. And with a new portfolio management solution in place, IT professionals are free to develop and evolve the portfolio with increased productivity and decreased inefficiency.