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IT Portfolio Rationalization

Is your IT aligned with Business Objectives?

TechFeat Consulting looks at value offered by current IT investments, analyses it’s alignment with Business Objectives, suggest realignment of strategies to reduce TCO of IT investments, thus improving ROI

Take away from this workshop!

Participants would learn how to

Align IT spending with business strategies and priorities
Optimize application and project portfolios
Align Projects and programs with corporate strategic objectives
Eliminate Non value added processes & projects
Re-engineer Processes to be more efficient and consistent
Increase ROI and reduce TCO with maximum value extracted from application related expenditures
Reduce maintenance and support cost on IT spending gradually
Redirect resources to accelerate more important projects

Objectives

  • Identify the gaps between Business requirements and IT implementation
  • Align IT costs to the value it generates
  • Improve utilization of IT investments
  • Indentify process automation opportunities by IT

Benefits

  • Increased utilization of IT resources
  • IT spending aligned with business objectives
  • Reduced TCO of IT investments
  • Better deployment of IT resources
  • Improved ROI

Methods and Tools

  • 4Rs Decision Framework
  • General Application Information Analysis
  • Application Cost Analysis
  • Problem Recognition and Recovery
  • General Project Inventory Analysis
  • Project Cost Analysis
  • Project Risk Analysis
  • Project Performance Analysis
  • BPM tool for modeling and simulation

AGENDA

Day 1

  • Understanding the Organization
  • Business priorities
  • Business strategy
  • Organization structure
  • Organization Chart
  • Departments
  • Functions
  • Role players
  • Business processes
  • Overview of applications
  • Application inventory
  • Key parameters
  • General Application Information Analysis
  • Application Cost Analysis
  • Application Criticality Analysis
  • Maintainability Analysis
  • Quality Controls
  • Problem Recognition and Recovery
  • Process Methodologies
  • Tools Analysis
  • Application Complexity Analysis
  • Application Stability Analysis
  • Application Knowledge Availability Analysis
  • Application Documentation Availability Analysis
  • Application Enhancement Feasibility Analysis
  • Application Reusability Analysis
  • Application Architecture Fitment Analysis
  • Application Risk Analysis
  • Application Operational Performance Analysis
  • Application Evaluation
  • 4Rs Decision Framework
  • Retain/Re-engineer/Replace/Retirement of Applications
  • Case study

Day 2

  • General Project Inventory Analysis
  • Project Cost Analysis
  • Project Risk Analysis
  • Project Performance Analysis
  • Decision Analysis,
  • Decision Guidelines
  • Capitalizing Architecture and Technology,
  • Recommendation report,
  • 4Rs - Retain, Re-prioritize, Retire, Re-engineer of Projects
  • How to prepare Road map with Business Solutions Framework(BSF)
  • Focus on ROI,
  • Business case preparation,
  • Case study

RESULTS AND SOLUTIONS

  • For a leading Manufacturer, 26% reduction in IT expenses in terms of resource utilization by retirement and realignment of projects
  • For a leading IT company, 30% saving in the cost towards Resource Fulfilment Process by
  • automation

Target Audience:

CEOs, CFOs, CIO, IT Head, Senior Managers, HR Managers, Finance Managers, Program/project Managers, Consultants, IT Managers, EDP/MIS Managers

 

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