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Accelerate IT's Project to Product Management Transition: A Financial Management Toolkit

Published by IDC Product code 781848
Published Content info 12 Pages
Delivery time: 1-2 business days
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Accelerate IT's Project to Product Management Transition: A Financial Management Toolkit
Published: January 30, 2019 Content info: 12 Pages
Description

This IDC Perspective focuses on the business and financial skills that drive empowered product teams through the new role of the IT product manager. This shift from a project-driven IT to a new business model of empowered product teams is founded on competitive cloud-based products, the innovative products of digital transformation industry leaders, and Agile development."IT product managers are at the heart of rapid software solutions that link business value streams to IT use cases and features," says Bob Multhaup, adjunct analyst with IDC's IT Executive Programs (IEP). "This approach creates an elevated business mindedness that is focused less on completing projects on time and on budget and more on continually improving product performance, customer value, and customer satisfaction."

Table of Contents
Product Code: US44684619

Executive Snapshot

Situation Overview

  • Product Mode IT Links Costs to Business Outcomes
  • The New Role of the IT Product Manager
  • The IT Product Manager's Financial Management Toolkit
    • Product Cost: Fully Loaded Total Cost of Ownership Model
    • Product Development: Agile Development Process
    • Product Life-Cycle Management: Replatforming Scenario Analysis
    • Product DevOps: DevOps Automation Tools and Robotic Process Automation
    • Product Breakeven: Break-Even Analysis
    • Business Contribution: Business Cases for Strategic Initiatives
    • Customer Experience and Satisfaction: Economic Utility and Net Provider Scores
    • Incidents and SLAs: Root Cause Analysis and SLA Tracking
    • KPIs: Shared Business and IT KPIs
    • Unit Price and Charging: Showback and Chargeback
    • The Challenge: Getting the Data

Advice for the Technology Leader

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