mine the parameters or criteria used in assess-
ing the project. The use of these criteria will
be scattered in the Individual Project Analy-
sis, Screening, and Optimal Portfolio Selection
steps tailored to the needs of each stage.
2. Individual Project Analysis
In individual project analysis, individual project
appraisal is conducted to find out the clarity and
quality of the project in supporting the achieve-
ment of corporate strategy. This assessment is
based on the parameters or criteria specified in the
previous stages. Activities in the stages:
(a) Excavation of Project Information
In the individual project, the analysis will be
carried out information extraction related to the
proposed project that will be assessed with the
work unit of the project proponent. The use of
In-depth interview techniques to support indi-
vidual project appraisal is based on the process
as it is currently used by the IT Steering Com-
mittee team on the research object to clarify de-
tails of the project. The interview is based on
predetermined criteria.
(b) Project Assessment
After an In-depth Interview, each member of
the IT Steering Committee will conduct an as-
sessment of the proposed project. Evaluation is
done by Simplified Scoring Method technique.
The consideration of using the scoring method
is ease of use and has been similar to as is the
implementation of research object so it will be
easy to apply without special learning. The
scoring scale used also refers to the agreement
applied or determined.
3. Screening
Screening is an important part of the selection
process and priorities because at this stage will be
done second elimination. Activity in the screen-
ing stage:
(a) Determination of the Lower Bound-
ary(threshold) of Each Project At this stage
of screening the decision of the lower limit or
minimum value that must be met by a project
to be passed. The lower limit of each criterion
will be different from that determined by
the management. The determination of this
limitation is not done individually but based on
the agreement of the strategic forum.
(b) Project Elimination The next step after deter-
mining the threshold of each criterion is to
eliminate the project that does not meet the
lower limit using Ad Hoc Approach as profiles
method. The Ad Hoc Method Approach as Pro-
files is a method by including a lower threshold
directly on the device used in the assessment
process that was in the previous stage. In its ap-
plication to the research objects, the tools used
are spreadsheets. Therefore Ad Hoc Approach
as Profiles is applied through the insertion of
the lower bound on the spreadsheet form.
4. Optimal Portfolio Selection
In the Optimal Portfolio Selection stage, there is a
comparison between projects from the assessment
results on the criteria of filtering and criteria. Ac-
tivities in this stage include:
(a) Project Prioritization Assessment (Prioritiza-
tion)
The main objective in this phase is to opti-
mize the IT portfolio by considering the cor-
relation between projects and prioritizing the
project group worker who has the potential to
provide optimal value for the company. Project
prioritization is carried out through the assess-
ment of criteria about the interdependency of
the project, resource struggles, technological
conformity, and time, and the value or value of
any previously considered project. The tech-
nique used in the assessment is the Scoring
Method. The use of the scoring method is due
to its ease of use. Besides the Scoring Method
is used to adjust to the overall assessment pro-
cess used previously because, at the end of the
selection and prioritization process, all assess-
ment forms will be incorporated as tools in con-
ducting sensitivity analysis. The importance of
project prioritization for organizations due to
limited resources, money, and human resources
to fund all projects(Turner, 2009).
(b) Mapping of Priority in Prioritization Matrix
A prioritization matrix is a tool used by a com-
pany to visualize prioritization results. Based
on the results of literature review and empiri-
cal study several types of matrices can be used
in mapping priorities, including the nine boxes
matrix as used by Bank Indonesia and 2x2 ma-
trix as used by Bank Mandiri and Banque de
France. Based on the results of the study re-
lated to the advantages and disadvantages of
each matrix, the 2x2 matrix was proposed. The
2x2 matrix selection refers to the mapping of IT
portfolio dimensions implemented by the For-
tune 500 consumer package-goods company in
Best Practice in IT Portfolio Management[2].
The selection of 2x2 matrix usage is also ap-
plied by Bank Mandiri and Banque de France
because of its simple tendency and can map
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