IT Priorities- Prioritizing among a

Portfolio of Projects
Group 12
Sudhish Menon – 181202060
Manish Kumar- 181202061
Mohammad Shahrukh- 181202062
Ninoshka Afonso- 181202063
 Introduction
IVK is a mid size financial services firm.

Persistent slow business performance- decline of stock prices.

The new CEO takes over and forms a new management team.
 Main Characters
1. Jim Barton: The head of loan operations for financial services company IVK, has
been tapped as the CIO by the company's new CEO, Carl Williams.
2. Carl Williams: The bold CEO
3. Paul Fenton: Director of Infrastructure and Operations, Fenton manages a large and
important domain, including IT security, and is part of Barton’s core IT team.
4. Gary Geisler: As director of Planning and Control, Geisler works closely with Barton
on IT financials.
5. John Cho: IVK’s outspoken resident security genius.
Issues faced by IVK Corporations
1. How to find funds for the security breach issue?

 Don’t involve Slush Fund

 Funding should be given to justifying IT project.

 To make sure every one is equally responsible for allocating funding.

 Centralizations

 Outsourcing

 Priority setting process

 Portfolio analysis or Real option pricing models

 Solid rigid framework example Facebook and Microsoft
 Moodle
2. What processes need to be in place to effectively
establish IT project priorities in IVK?
The Long- term fixation strategy
 Align IT investment with IVK strategy

As suggested by Maggie
1. To adopt a committee based process- A consensus process.
2. Priority setting processes
A. Process ought to be owned by Business units; Not the IT department.
B. Process ought to exhibit extreme transparency of process and exaggerated visibility of
decision consequences.
3. Continuity and within- project focus.
 Information system for IT advantage
Portfolio Analysis: This will cater IVK develop an overall understanding of where it
should make IT investments by inventorying IT projects

High
Cautiously examine
Security issues

Potential
benefits
to
firm
Avoid
Low
Cons of Portfolio analysis
 Alternatives
Existing model of processes The New model of processes
1. Low attention to IT infrastructure. 1. Prioritization of processes that have
2. Concentration of all business a huge strategic value.
activities 2. Complete control of IT budget to
3. Will satisfy the enterprise goals, but Barton.
not performance. 3. Centralized process.
4. Decentralized process.
 Recommendations
Change the New model of Processes

1. Barton cannot take full control of the IT budget since he didn’t have appropriate knowledge and
experience for that.
2. Suggest hiring a IT professional as an assistant of CIO with a good experience in controlling
budgets and understanding of business management procedures.
3. IT department should have its own budget which will not be connected with IT portfolios.
4. Projects related to the IT infrastructure should be considered as projects with high priorities.
5. IVK should figure out how to improve he background of their IT specialist.