Work Product (Artifact): Component Description |
This artifact captures the attributes that define and qualify the components associated with the portfolio.
Relationships
Roles | Responsible: Portfolio Analyst | Modified By: Portfolio Analyst Portfolio Review Board
Output From | Authorize and Assign Components
Description
Main Description | After ideas and requests have been accepted for inclusion within the portfolio to be subsequently treated as “components” within the portfolio management process model, a predefined set of data and information needs to be captured regarding the components. The exact definition of each attribute of the components can vary by organization and by implementations. But a standardized description of the components will be required to facilitate treatment of the component and to avoid undue details at the evaluation and selection tasks.
Brief Outline | These are examples of data that should be captured and maintained for each component: Date (when the idea or request was captured) Origin (where the idea or request comes from, including the customer name or contact person) Internal stakeholder (who or what department is affected by this idea or request) Internal sponsor (executive body that validates the need for the component) Brief description (outline of the component, purpose, value that it adds) Dependency or constraint (dependencies to others components or infrastructure) Criticality (level of urgency to the user) Assumptions (any conditions that impact the viability and added value of the component) Work pipeline (if the organization deploys several pipelines, which one this component relate to) Effort (what it would take to implement the idea or request, either in hours or in dollars) Existing product that the idea relates to (or is it a new product?) Market feasibility score (how ready the market is to adopt the product) Technical feasibility score (if the organization has the required technical skills)
Properties
Optional |
Planned |
Tailoring
Representation Options | This artifact can be maintained by using a text document or spreadsheet or in a portfolio management application, such as IBM Rational Focal Point .
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