Businesses can effectively manage their IT portfolio?

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    ellapurnell071
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    Businesses can effectively manage their IT portfolio by first aligning it with their strategic objectives. This involves understanding the organization’s goals and priorities and ensuring that the IT portfolio supports them. Next, IT Portfolio Management should prioritize projects based on their strategic importance and potential value. This can help optimize resource allocation by focusing resources on projects that will deliver the most significant benefits.
    Regular monitoring and evaluation of the IT portfolio are also essential. This includes tracking project progress, costs, and benefits to ensure that they remain aligned with strategic objectives. Adjustments should be made as needed to ensure that the IT portfolio continues to deliver value to the organization.

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