Benefits rewards management BM increase success likelihood when you formalize

Benefits rewards management bm increase success

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Benefits (rewards) management (BM) - increase success likelihood when you formalize and measure How might a company’s digital governance affect the success of IT portfolio management? Approve project or program intake Manage sub-portfolio programs Ensure that every project proposal uses the intake process and contains a business case for medium and large projects Provide input to, review and ensure appropriate approval of business case Ensure management of all related projects as part of governance’s group portfolio and scope Assess compliance of the completed project to its original objectives 20
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Exam 3 Provides visibility of the total cost of ownership for IT resources improved, costs could now be allocated on a consumption basis. The more a business program needed IT resources the more they paid. Helps with taking down legacy systems that no longer provided sufficient value in relationship to their total cost of ownership To improve the allocation of IT resources, IT portfolio management prioritized projects across the company based upon business case justification, business unit readiness to execute the change, and IT unit readiness to execute the change What are the project/IT sourcing options and why choose one approach over another? First Step: Evaluate software acquisition alternatives Second step: Think about TCO (licensing, installation, training, support) Buy VS Build D e g r e e o f c u s t o m i z a t i o n D e v e l o p m e n t a n d i m p l e m e n t a t i o n c o s t s L e n g t h o f t i m e t o i m p l e m e n t F i t w i t h e x i s t i n g b u s i n e s s p r o c e s s e s F i t w i t h r e q u i r e m e n t s C O T S C u s t o m b u i l t H y b r i d Risks : alignment between project goals and corporate goals, scope, budget and duration misunderstanding, issues management, change management, lack of expertise, lack of infrastructure, fail to prepare for launch, gap between goals and actual outcomes Risks: choosing wrong vendor, misunderstanding needs, failing to articulate service levels on both sides of arrangement, managing relationship properly 21
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Exam 3 Defenses: RFP process, SLA process (a contract between a service provider and int/ext customers that documents the services provider will furnish), good people/process management skills, oversight of sourcing arrangement. Topic 4: MIS Integrative Learning Framework Business Case: Zappos & Capital One What is the strategic focus of each company? … information requirements? …MIS capabilities? Capital One: Strategic focus: customer intimacy 1. identify underserved segments of the consumer population and offer them financial services. 2. within that group, identify those with weak credit histories/ratings but that are likely to repay credit card debt if given the opportunity to own a credit card.
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