Run IT like a business with enterprise resource & portfolio management

Replacing a portfolio management (PFM) system that has been in production for over seven years can be an intimidating assignment for even the most seasoned project manager of PFM implementations. Expectations for the new PFM system at this large pharmaceuticals IT organization were appropriately very high, as it is part of their corporate culture and IT are the keepers of their multibillion-dollar drug portfolio. As it was previously cost-prohibitive to integrate to the heterogeneous mix of base systems (HR, FI, PM) with which PFM interacted, the legacy system was not agile enough to deliver information in a timely manner or consolidate it for analysis to meet the rapidly changing demands of their business. By leveraging the strong culture and competency in PFM and project management, and implementing recently available software delivered as a packaged composite application (PCA), strategic IT portfolio management has been raised to new heights at this organization.Combining this organization's proven methodo
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