Strategic IT Portfolio Management for CIOs and IT Managers (STRIT) (STRIT)

Specialized training, Other

How to connect business strategy, digitalization and application investments The growing number of applications, technical debt, business requirements and limited budgets constantly force IT management to decide where to invest, what to modernize and which systems should no longer be developed.

This course presents a practical approach to strategic application portfolio management. Participants will learn how to gain an overview of the current IT environment, connect applications with business needs and prepare clear decisions about their future development. The course takes a somewhat different approach: it does not focus on memorizing architectural frameworks, but on practical know-how and the real questions CIOs and IT managers must address: What do we have? What do we actually need? Where should we invest? What should we replace? What should we discontinue? And how can we implement change without putting operations at risk? The first day focuses on strategy, inventory and portfolio assessment. The second day covers rationalization, modernization strategies, the roadmap and a practical workshop.

THIS TRAINING COURSE WILL HELP YOU:

  • Develop a management perspective on the organization’s application portfolio
  • Connect business strategy, business capabilities and IT investments
  • Assess applications based on their value, technical condition, costs and risks
  • Identify duplication, legacy systems and opportunities for rationalization
  • Decide which applications to develop, tolerate, replace or discontinue
  • Select an appropriate modernization or migration strategy
  • Set different rates of change for stable, differentiating and innovative systems
  • Translate architectural assessments into a concrete transformation roadmap
  • Build a stronger case for IT investments with company leadership
  • Manage the IT portfolio as a whole rather than as a set of isolated projects

WHO SHOULD ATTEND?

  • CIOs, IT directors and heads of IT
  • IT managers and heads of application teams
  • Enterprise, solution and business architects
  • Digitalization and IT transformation managers
  • Portfolio and program managers
  • Application and IT service owners
  • Business managers involved in IT investment decisions
  • Professionals responsible for modernization, cloud transformation or reducing technical debt

COURSE LOCATION AND AVAILABLE DATES



Choose whether to attend in person in our classroom or join online. You can select your preferred format during registration. Learn more about hybrid training.

Public courses are usually delivered in Czech, but this course is also available in English. We can arrange private training for your team online, at your premises or in our classrooms, and tailor the content to your needs.

For groups of around 4 or more participants, private training can already be comparable in price to booking individual places on a public course. Send us your requirements and we’ll recommend the best format and provide an exact quote.

Request training in English

Course content:

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  • 1. IT Portfolio as a Management Topic
    1. Why managing each application separately is not enough
    2. How application complexity, duplication and technical debt arise
    3. What information management needs for informed decision-making
    4. Difference between application records and actual portfolio management
  • 2. Connecting Business Strategy and IT
    1. Business capabilities as the link between strategy and technology
    2. How to determine which parts of the business individual applications support
    3. How to distinguish critical, important and supporting systems
    4. Why applications cannot be managed correctly without business knowledge
  • 3. Application Portfolio Assessment
    1. Business value and technical fit
    2. Costs, usage, criticality, security and operational risks
    3. Gartner TIME model: Tolerate, Invest, Migrate, Eliminate
    4. How to translate an application assessment into a concrete decision
  • 4. Application Rationalization and Modernization
    1. How to identify functional overlaps and redundant technologies
    2. When to standardize and when to retain multiple solutions
    3. Why the best product on the market may not be the best choice for a specific organization
    4. Choosing between application modernization, replacement and discontinuation
  • 5. Migration and Transformation Strategies
    1. Rehost, Replatform, Repurchase, Refactor, Retire and Retain approaches
    2. How to select an appropriate strategy based on value, condition, risk and target environment
    3. Why simply deciding to “move the application to the cloud” is not yet a strategy
    4. Dependencies between applications, data, integrations and processes
  • 6. Different Rates of Change in IT
    1. Systems of Record, Differentiation and Innovation
    2. Which systems must primarily be stable
    3. Where adapting to organizational needs makes sense
    4. Where rapid experimentation is possible, including the possibility of failure
    5. How to set different management approaches based on system characteristics
  • 7. From Assessment to Transformation Roadmap
    1. Application lifecycle: Plan, Phase in, Active, Phase out and End of Life
    2. How to correctly time system implementation and discontinuation
    3. Managing the transition period between old and new solutions
    4. How to build a roadmap that respects operational and technological dependencies
  • 8. Governance and Responsibilities
    1. Roles of the CIO, enterprise architect, application owner and business
    2. Who decides on application investment, modernization or discontinuation
    3. How to connect portfolio, projects, services and operations
    4. How to keep the portfolio current and useful for decision-making
  • 9. Practical Workshop
    1. Basic application inventory
    2. Assessment of value and technical condition
    3. Classifying applications using the TIME model
    4. Identifying risks and duplication
    5. Selecting a modernization strategy
    6. Setting priorities within a limited budget
    7. Designing a basic transformation roadmap
Prerequisites:
The course does not require detailed knowledge of architectural frameworks or modeling languages. A basic understanding of enterprise IT, application management, IT services, project management or digitalization is an advantage.
Schedule:
2 days (9:00-17:00)
Price per person:
796.00 € ( 963.16 € incl. 21% VAT)

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