Gartner Research

Use the Application Prospectus Process to Revitalize IT Investment Management

Published: 23 January 2014

ID: G00255825

Analyst(s): Luis Mangi, Bill Swanton, Andy Kyte

Summary

Investing in business applications can create significant business value, but is fraught with risks. The process for selecting the best investment opportunities can be improved by IT investment management learning from the way that venture capitalists select their portfolio of investments.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Learn to Live With the Gallon Jug of Demand and the Pint Pot of Capacity
  • Establish an Engaged IMB
  • Avoid Rubber Stamping the Traditional Business Case
  • Have the IMB Actively Sponsor, Foster and Develop Proposals
  • Define Investments With a Prospectus That Identifies the Business Imperative Demanding Action
  • Develop the Application Prospectus by Identifying Options
  • Refine the Options
  • Summary

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