The promise of IT portfolio management is the quantification of previously informal IT efforts, enabling measurement and objective evaluation of equity research and portfolio management pdf scenarios. Debates exist on the best way to measure value of IT investment.
As pointed out by Jeffery and Leliveld, companies have spent billions of dollars on IT investments and yet the headlines of mis-spent money are not uncommon. IT industry and academia by positioning IT as an expense similar to utilities such as electricity. IT portfolio management started with a project-centric bias, but is evolving to include steady-state portfolio entries such as infrastructure and application maintenance.
IT budgets tend not to track these efforts at a sufficient level of granularity for effective financial tracking. The concept is analogous to financial portfolio management, but there are significant differences.