Talking about the IT and in the last few quarters Portfolio Management has evolved from simplistic Project Portfolio Management (PPM) to more complex Integtrated IT Management (IIM). IT Governance is spawning up acronyms every other day. Thought would brief them for you all to be in sync with the fast moving trend. Lets have a look at various flavors that has been talked about:
1) ERP for IT
2) Project Portfolio Management (PPM)
3) Application Portfolio Management (APM)
4) Enterprise Infrastructure Portfolio Management (EIM)
5) IT LifeCycle Management (ITLM)
6) Integrated IT Management (IIM)

I am not delving into details unless some of you might want me to expand on it. To sum it up, IIM is being purported as the natural evolution of these disparate blocks into a single,comprehensive and cohesive offering that provides holistic view of IT activities to various stakeholders.