A Disciplined Agile Portfolio Management is a nine step process that handles an IT organization process of identification, governing and organization of all IT endeavors to ensure the expansion and longevity of a business value. The steps are as follows:
1. Identify the Potential Value: In this first step you would be utilizing customer feedback surveys and observing the business environment to make future decisions. This benefits customers and the overall business.
2. Explore Potential Endeavors: In this step you would conduct qualitative research such as focus groups and open ended surveys to create potential business cases.
3. Prioritize Potential Endeavors: In this step you would prioritize the businesses value, risks, due dates and dependency.
4. Manage the Portfolio’s Budget: Within this step you would ensure to implement a multitude of techniques that would allow you to plan as things unfold.
5. Initiate Endeavors: In this step you would organize each of your goals and try to make them happen using different experiments and projects/programs.
6. Finance Endeavors: In this step you would make sure to provide initial and ongoing funding while monitoring each fund.
7. Plan IT Capability: In this step you would plan out the maximum output that you can operate and deliver in a certain amount of time.
8. Manage Vendors: This is where you would analyze potential vendors and eventually initiate new contracts while closing existing ones.
9. Govern the Portfolio: In this final step you would monitor all aspects, such as finances, delivery teams and production systems alongside establishing and implementing guidelines and metrics.
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