| Summary: | Student Number : 0204111E -
M Com research report -
School of Economic and Business Sciences -
Faculty of Commerce === As organisations continuously attempt to do more with less, Chief Information Officers (CIOs) must manage their portfolio of IT investments more effectively and efficiently. In order to achieve this, CIOs can adopt a portfolio management approach; however, there are barriers to the adoption to IT portfolio management.
The purpose of this research was to explore the barriers to adoption of IT portfolio management. The barriers were identified by respondents from various sectors and across various levels in their organisations and then ranked in order to determine the most critical factors that impede adoption of IT portfolio management. Data was collected using the Delphi ranking type method, and targeted at CIOs, IT executives, and project managers. The questionnaire was designed to identify perceptions of the most significant barriers to IT portfolio management adoption and strategies for mitigating the effects of these barriers were drawn from the literature.
The rank order of 11 barriers was determined from the individual ratings and rank orders of 38 respondents in the final phase with ‘the lack of executive sponsorship, support, and understanding of IT portfolio management’ being ranked as the most critical barrier.
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