The Assessing Execution is where value is demonstrated. If initial objectives were met or exceeded and metrics validate this fact, license exists to evolve the portfolio management process, ultimately weaving it into the fabric across all divisions/business units of the organization.
Evaluates program execution and the actual portfolio performance against objectives defined in the Game Plan.
Objectives were set at the onset of the IT portfolio management process. The assessing execution stage asks if the results of the current iteration of the portfolio management process meet the expectations defined in the game plan. More and more, IT initiatives must live up to the business cases that funded them. Do the costs of IT portfolio management outweigh the benefits? Assessing Execution is often left out, but it is crucial for enhancing readiness, maturing capabilities, and improving. It is a closed loop of information and communication flow that feeds back into
prior stages of the process and helps modify, improve, and enhance future decisions and iterations.
Prescient IT portfolio managers know better than to wait until the end of a cycle to demonstrate value and success. If metrics and objectives attainment have been part of the process all along, communication of successes can occur throughout the process. This is important for maintaining support and involvement.
Assessing execution involves: