RiVidium -- The Missing Element in Technology

Portfolio Management (Governance)


An important role of agency Chief Information Officers (CIOs) is to review their enterprise architecture (EA) framework and identify redundant information that exists between investment information and the EA information, and bring that to the respective investment review board (IRB) for an investment review. For example, the Federal Enterprise Architecture Framework (FEAF) requires a list of business goals and strategies, business plan (objectives and strategies), list of organizations important to the business, and workflow model (allocation of responsibilities). Portfolio management (PfM) processes also requires similar information. If the existing PfM information is insufficient for use by the EA, a process for capturing and incorporating the more robust EA information must be developed.
RiVidium has developed an architecture framework, Architecture Global Governance (ArchG2), based on the FEA, as a logical structure for organizing complex information about an enterprise. This information includes the enterprise’s business processes, participants, the hardware and software systems that support those processes and partici¬pants, and the rules and constraints under which the enterprise operates. This architecture framework helps an enterprise organize and present aspects of its architecture in a way that is understandable by all participants in the enterprise and by those outside the enterprise with which they must interact. ArchG2 integrates EA and CPIC processes in order to provide: Rapid identification of appropriate IT investment goals Access to integrated strategic, budget and IT information that will provide a better “line of sight” and approach for decisions that affect the direction of your organization Development of a more standardized system of prioritization to support the decisionmaking process Appropriate allocation of resources to the best portfolio of investments ensuring the achievement of those goals Enable project initiators to search for duplicative technology, which will eliminate duplicative investments in resources and funding Produce scorecards to monitor the progress and relevancy of capital investments over time	ArchG2 enables departments and agencies to conduct the following: • Encompass the entire investment management process (pre-select, select, control, evaluate and steady state) • Aid investment management decision-making by providing the necessary information • Provides the information necessary for monitoring cost and performance • Helps determine whether an investment should be continued, modified, integrated with others, or terminated


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