The Application of Information Technology Portfolio Management in an Academic Sector
Aaron J. Gordon
Aaron J. Gordon, Ph.D. Assistant Professor, Department of Business & Economics, Algoma University, Sault Ste. Marie, ON, Canada.
Manuscript received on 22 July 2017 | Revised Manuscript received on 30 July 2017 | Manuscript published on 30 July 2017 | PP: 16-19 | Volume-6 Issue-3, July 2017 | Retrieval Number: C1695076317©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Portfolio management practices have been integrated into information technology departments as a means to improve project selection and contribute to the achievement of an organization’s strategic mandate. In particular, this discussion focuses on current literature aimed at information technology portfolio management (ITPM) in application to an academic sector. A scholarly perspective provides an overview of ITPM followed by a discussion on issues related to integration. This report recommends the importance of providing additional training on financial management and risk planning to those providing ITPM oversight. In addition is the need to recognize the relationship with change management due to the dynamic environment of technology and the importance of utilizing performance metrics. As ITPM continues to evolve and integrate into the academic sector, educational leaders become more equipped to make sound project decisions that support the organization’s goals and demonstrate fiscal responsibility.
Keywords: Portfolio management, Information technology, Academic sector, Project management.
Scope of the Article: Renewable Energy Technology