IT RISK MANAGEMENT AND APPLICATION PORTFOLIO MANAGEMENT

IT Portfolio Management: An Enterprise Risk Management-Based Perspective

Quantitative IT portfolio management

We present a quantitative approach for IT portfolio management. This is an approach that CMM level 1 organizations can use to obtain a corporate wide impression of the state of their total IT portfolio, how IT costs spent today project into the budgets of tomorrow, how to assess important risks residing in an IT portfolio, and to explore what-if scenarios for future IT investments. Our quantita...

Mortality Portfolio Risk Management

In this paper, we offer a new method of managing the risk of unexpected changes in mortality underlying annuities and life insurance. This method maximizes the insurer’s profit margin, subject to constraints on its downside mortality risk. We also show how to determine bounds on mortality margins when information on the moments of the distributions is known. We provide numerical examples to ill...

Strategic Alignment and IT Project Portfolio Management

If structured around an appropriate combination of business processes, knowledge and technology, Information Systems can become a very powerful business strategic lever. With this holistic perspective in mind, we redesigned the dysfunctioning IT project portfolio management process of one of the FTSE 100 global companies. The new process aims at better identifying, evaluating and balancing proj...

Integrating IT Portfolio Management with Enterprise Architecture Management

The management of information technology (IT) as a business has become a crucial factor in today’s complex and dynamic environments. Many firms thus have implemented IT portfolio and enterprise architecture (EA) management practices, and academic research has paid increasing attention to these concepts. However, their integration seems poorly substantiated; this article therefore seeks to answe...