This paper looks at various aspects of information technology (IT) portfolio management and at how investments in IT can
have a dramatic impact on an organization's
performance. It examines how well-managed IT
investments that are carefully selected and focused on meeting mission needs can propel an organization forward, dramatically improving performance while reducing costs. It also shows how likewise, poor investments, those that are inadequately justified or whose costs, risks and benefits are poorly managed, can hinder and even restrict an organization's performance.