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Jan 2019 - IDC Perspective - Doc # US44684619

Accelerate IT's Project to Product Management Transition: A Financial Management Toolkit

By: Robert MulthaupAdjunct Research Advisor

Abstract

This IDC Perspective focuses on the business and financial skills that drive empowered product teams through the new role of the IT product manager. This shift from a project-driven IT to a new business model of empowered product teams is founded on competitive cloud-based products, the innovative products of digital transformation industry leaders, and Agile development.

"IT product managers are at the heart of rapid software solutions that link business value streams to IT use cases and features," says Bob Multhaup, adjunct analyst with IDC's IT Executive Programs (IEP). "This approach creates an elevated business mindedness that is focused less on completing projects on time and on budget and more on continually improving product performance, customer value, and customer satisfaction."


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