IT Portfolio Management

The practice of managing an organization’s full pool of information technology (IT) resources in terms of their investment potential and financial feasibility is referred to as IT portfolio management. This process involves monitoring and maintaining the whole IT resource pool. It offers a framework for assessing, planning, and carrying out IT portfolios throughout the company, taking into consideration all of the IT resources that are now available and those that will be available in the future. The purpose of IT portfolio management is to produce, deliver, and quantify the value that information technology brings to businesses.