Wednesday, July 24, 2019
MDCM (B) write up Case Study Example | Topics and Well Written Essays - 1500 words
MDCM (B) write up - Case Study Example & Norton, J. F., ââ¬Å"MDCM, Inc. (B): Strategic IT Portfolio Managementâ⬠). Along with defining, prioritizing and framing useful recommendations, the paper also constitutes a score card in order to evaluate each prioritized projects and also comparing the prescribed projects using the Portfolio Application Model Matrix (Jeffery, M. & Norton, J. F., ââ¬Å"MDCM, Inc. (B): Strategic IT Portfolio Managementâ⬠). The MDCM corporate board should keep prime focus upon defining, initiating and prioritizing top IT projects that should support or help MDCMââ¬â¢s strategic business goals in order to compensate huge losses that the organization faced during the last five successive years. In this connection, the MDCM board should assess their prioritized projects initiative that would ultimately provide high value and low risk towards the business organization. Moreover, the corporate board of MDCM should lay emphasis upon the long-term competitive advantage of the organization along with tackling the risk issues that are mainly associated or related with them (Jeffery, M. & Norton, J. F., ââ¬Å"MDCM, Inc. (B): Strategic IT Portfolio Managementâ⬠). The most appropriate IT project initiatives that MDCM analyses can become a part in order to improve its global IT. The organization took the initiative on unifying its methodology and technical values. The corporate team of MDCM wanted to eliminate the numerous different standards and IT methodologies that are prevailing across the company. This approach would help them to reduce the project sequence and encourage information distribution across IT development teams. This initiative was very much essential for MDCM in order to improve the future system development capability of the organization (Jeffery, M. & Norton, J. F., ââ¬Å"MDCM, Inc. (B): Strategic IT Portfolio Managementâ⬠). The other significant project initiative of
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