Making investments, projects more 'visible'

A TOTAL value of US$100 million - that's the amount of projects one financial institution discovered which were hidden from view and continued to be implemented even though it had changed strategy and business direction for a few years. These came to light only when the management finally pushed through the deployment of a portfolio and project management solution to gain visibility, according to Lokesh Jindal, general manager, IT Business Management, at CA Technologies.

And it's not just about keeping track of investments. Enterprises also need to ensure compliance with regulatory requirements.

Tracking every rig and plant in each country, for an oil and gas company, for instance, can be rigorous.