Business Case The business case collects cost-benefit-risk-alignment information to enter a request for investment into the queue. The PMO interviews the requestor to collect the needed information and complete the form on their behalf. Business cases are summarized and scored for the IT Governance Council to approve and prioritize.
Portfolio Chart Example Business cases are summarized and illustrated in a bubble chart according to Alignment with strategic objectives and institutional benefits on the Y axis; Probability of Success, i.e. the opposite of risk on the X axis; and Value, i.e. “bang for the buck” as the bubble size.
Portfolio Site A SharePoint site publicizes the investments in the queue and the stages they are in. Clicking on a project name displays the status page. Depending on the size and nature of the project, a public-facing overview page may also be available providing more constituent-oriented information. The project team may also use a controlled-access work site for collaboration and project management.
Portfolio-Focused PMO Recorded Presentation A live webinar was hosted by MSU on January 28, 2014 explaining the practices, tools, and lessons learned at MSU’s Program Management Office.