Enterprise Portfolio Management Hub Using Component Business Model

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Solution Overview

Problem

Current Enterprise Portfolio Management (EPM) systems face challenges due to fragmented, non-integrated management applications and services, leading to misalignment between business strategy and realized solutions, inability to effectively account for competing requirements, and lack of collaboration among users with different roles and responsibilities.

Innovation Solution

The implementation of an Enterprise Portfolio Management Hub (EPMH) using the Component Business Model (CBM) as an organizing framework, which integrates data from various portfolios, applies evaluative techniques, and generates a unified portfolio model to analyze and prioritize business transformation decisions, facilitating effective decision-making and resource allocation.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If separate, non-integrated management applications and services are used to manage different portfolios, then each application can be optimized for its specific function, but portfolio management information and control become fragmented and integrated decision-making becomes impossible

Engineering Contradiction:

Improveportfolio management controlVSAvoidmanagement applications structure

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent merges separate portfolio management applications into a unified Enterprise Portfolio Management Hub that consolidates control over multiple portfolios (application portfolio, system portfolio, project portfolio) into a single integrated system, enabling comprehensive decision-making while maintaining functional optimization through modular architecture

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The EPMHub is designed as a universal platform that can manage multiple types of portfolios simultaneously (application, system, project portfolios) with a common user interface and control mechanism, allowing the same system to perform diverse portfolio management functions

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Ease of operation

If a unified Enterprise Portfolio Management Hub is implemented to integrate all portfolio management functions, then effective decision-making and alignment between business strategy and solutions are achieved, but system complexity and integration requirements increase

Engineering Contradiction:

Improvedecision-making processVSAvoidsystem integration structure

Core Design Contradiction:

Ease of operationVSDevice complexity

Solution Approach 1:

The EPMHub segments portfolio management into distinct but integrated components (application portfolio management, system portfolio management, project portfolio management), each with specialized functions that feed into a unified decision-making framework, simplifying operation while managing complexity through structured division

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent introduces an intermediary layer (the EPMHub) that mediates between separate portfolio management systems and business strategy, translating operational data into strategic decisions and providing a buffer that manages integration complexity while enabling effective control

Inventive Principle:

Principle #24Intermediary (Mediator)

3Adaptability or versatility

If multiple users with different roles and responsibilities access portfolio management systems, then diverse perspectives and expertise are utilized, but collaboration and communication effectiveness decrease due to lack of common framework

Engineering Contradiction:

Improveuser role accommodationVSAvoidcollaboration efficiency

Core Design Contradiction:

Adaptability or versatilityVSEase of operation

Solution Approach 1:

The EPMHub provides a universal interface that accommodates multiple user roles (executives, portfolio managers, project managers) with role-specific views and permissions while maintaining a common organizational framework, enabling both role adaptability and collaborative efficiency

Inventive Principle:

Principle #6Universality (Multi-functionality)

4Measurement precision

If detailed analysis of portfolio trade-off decisions is performed to understand impact on strategic objectives, then informed decision-making is achieved, but time and computational resources increase

Engineering Contradiction:

Improveportfolio impact analysisVSAvoiddecision analysis time

Core Design Contradiction:

Measurement precisionVSLoss of time

Solution Approach 1:

The EPMHub implements feedback mechanisms that automatically analyze portfolio trade-off decisions and provide real-time or near-real-time information about their impact on strategic objectives, enabling precise measurement without significant time loss through automated computational processes

Inventive Principle:

Principle #23Feedback

Data Source

PatentUS7991669B2Method and system for enterprise portfolio management based on component business model

Publication Date: 2011.08.02 INTERNATIONAL BUSINESS MACHINE CORPORATION

AI summary

An Enterprise Management Portfolio Hub allows a user to perform enterprise portfolio management activities from a single point of control. EPMH relates information, analysis, display and control based on the organizing concept of the business components that comprise the CBM map of the enterprise by collecting portfolio information from existing portfolio management tools and generating a portfolio model. It allows the user to interact with or access information from various Portfolio Management applications and services through the portfolio model. EPMH supports evaluative techniques that can be used to identify areas for business transformation and to generate transition plans.