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ARCHIVED - Text description of The Enhanced Management Framework - Integrated Model

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The Enhanced Management Framework (EMF) is an integrated management model that includes processes and key practices for executives, as well as for business and project managers. The framework is supported by a set of principles, best practices, methodologies, tools, templates, handbooks, guides, and standards.

The conceptual model shows the components of the EMF, and the way in which they are related.

EMF is based on four guiding principles: alignment of IM/IT investments with business strategies; establishment of clear accountabilities for managing IM/IT investments; development of corporate project management disciplines; and identification and management of risks on a continuous basis.

EMF addresses two broad areas: portfolio management and project management. Portfolio management stresses the importance of aligning business planning with an integrated IM/IT strategy. This strategy should set priorities and budgets for the organization's IM/IT investments as a whole, allowing it to assess and successfully manage projects, existing operations, enhancements and innovative pathfinders. Within this context, organizations should review their IM/IT investments and - based on this review and available funds - select those investments that will deliver optimal value. EMF also promotes the application of project management disciplines to all approved initiatives, as well as the implementation of risk and performance management throughout the entire process.

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