ABSTRACT
This chapter builds upon the principle established in the use of programmes as management frameworks to align projects with strategic goals and as agents of business change. This approach has much similarity with portfolio approaches to managing a number of financial investments. BAU organizations are subject to increasing levels of change and volatility in their business. In today's business world, chief executive officers and chief financial officers have many conflicting priorities and concerns when considering investing for the future of their organizations. Projects are numerous, so technology costs are rising and as the IT functions budgets make up an increasing share of the companys total budget the pressures have grown upon their leaders the chief information officers or chief technology officers. The concept of managing investments as a portfolio is quite simple to appreciate. Spreadsheets are typically used to gather project data from Project Requests and progress reports.
