A funny thing often happens between the strategic planning process and the project funding process - they seem to forget that the other exists.  How often does it happen in IT organizations that the funding plate is filled with projects that do not support the organization's strategic initiatives?  In addition, even those projects that are properly aligned may be duplicated or prioritized incorrectly.

In the end, IT organizations often spend a vast amount of resources implementing the wrong projects.

But it doesn't need to be this way.  The most effective mechanism to ensure that this doesn't happen is to bake it right into your Strategic Planning Framework to ensure that your project portfolio is aligned with your strategic initiatives.  But as a stepping stone in that direction and as a periodic spot-check to make sure that the process is working, CastlePointe's Project Portfolio Analysis can give you the information you need to assess and align your project portfolio to your strategic plan.

During your Project Portfolio Analysis, CastlePointe consultants will review your current strategic plan and/or current year operating plan and compare its priorities and directives to your current project portfolio.  Each project will be evaluated and assessed on several dimensions:

• Alignment to your strategic and/or operating plan
• Relative priority based on business impact and alignment
• Objective overlap (redundancy)
• Resource overlap (feasibility)