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

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

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."

Please Note: Extended description available upon request.

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
Learn More
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook