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A Better Way To Coach IT Victories
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(Bank Technology News, April, 2006)
In the April issue of Bank Technology News (BTN), UMT's Gil Makleff and Yorai Linenberg explore the synergies of portfolio management and project management, and explain how one can't exist without the other. When a combination of portfolio management and project management tools and processes are used together, business and IT managers can increase transparency, communicate IT's value, and ensure the alignment of IT spending with overall business strategy.
Contact UMT for a copy of this article.
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Smart investing means better IT
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(Computing Magazine, November, 2005)
Computing magazine looks at how "portfolio management can help CIOs make better decisions on where to spend their scarce budgets and can boost the profile of IT". CIO Frank La Rocca, of UMT client Keyspan Energy, discusses how after implementing portfolio management, he "achieved all of the desired outcomes, with one additional unforeseen benefit: after implementation of this process [he was] given more money for discretionary IT spend - a direct result of the transparency and new use of strong, robust business cases with a return-on-investment focus"
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The next step: IT portfolio and project portfolio management
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(InfoWorld Magazine & Rednova Magazine, August, 2005)
 InfoWorld and Rednova Magazine examine how "IT executives are under sustained pressure to invest limited budgets to maximize returns and produce results in step with the organization's goal" by using "IT portfolio management and project portfolio management products ... [that] offer financial, analytical, collaboration, and workflow to help prioritize resources and spending.
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What, Where, and How Much? New software may help companies understand the true scope and cost of IT infrastructure
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(CFO Magazine, June, 2005)
CFO Magazine discusses the universe of software tools designed to help manage IT with examples from companies including AXA Financial. "Using portfolio-optimization techniques to decide how much funding to give to IT projects is now common and has been seized upon by software vendors. AXA Financial, for instance, relies on software from UMT "to prioritize projects in a rational, objective way," says CFO Curcio. "It's an interactive process. We're constantly adjusting as we decide if we have more or less money to spend."
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