How Project Financial Planning Can Improve Your Portfolio Strategy

As organizations strive for success in the digital age, financial management of IT must evolve to enable cost control while creating a transformative environment. PMO’s, Strategy & Planning leaders, and Finance teams must collaborate around a holistic prioritization of spend, accounting for run and change investments driven by the business.

Project financial planning as a discipline can improve the business impact of your project portfolio in six ways:

• Prioritize investments through a financial lens
• Holistically budget build and run costs
• Gauge demand to capacity for all resources
• Forecast & manage capitalizable labor costs
• Track business impact of the project portfolio
• Model scenarios for run-to-grow portfolio changes