Define Acronyms BPTO, Ucco, DBC, Itco, NRG?

1. Define acronyms BPTO, DBC, ITSC, PMO, NRG and explain.
BPTO: Business Process Technology and Organization in VWoA case was composed of 23 chief firefighter roles and they dealt with a portfolio of challenging projects. Member of BPTO and corporate strategy groups with strategy consultants from agendas USA created a high-level business architecture.
DBC: Digital Business Council is composed of representatives with from the eBusiness teams within each business units and they will handle categorizing projects, assessing their business impact, discerning their alignment with goals, and making trade-off decisions which needs to reach a final list of projects for which funding was recommended. In VWoA case, DBC identified dependencies among the
In VWoA case, ITSC was composed of senior business and IT representatives, that guided and approved the process of IT project selection and prioritization.
PMO: The focus of Program Management Office in VWoA case study was to require more planning prior to the project execution phase and to require weekly status reports and monthly budget reviews for all projects. PMO defines and maintains standards for project management. PMO cooperated with the team that developed the business architectures to arrive at a detailed process for moving the projects through selection and prioritization. PMO is a subsection of BPTO.
NRG: Next Round of Growth (NRG) was a key leadership focus program for the growth in product offering and associated sales and service. The aims of the NRG program were to define the goal, function, and organizational changes required at VWoA to support and enable the new global product diversification
If the new system wasn't initiated, then the existing less organized and less centralized method would be maintained and also can be seen as a cost to the company rather than impact to profits. Digital Business Council was assembled and held responsibility to narrow down the correct list of the project which will received the funding. All that matter is economics of cost benefit analysis. Yes, the new system of prioritizing IT projects to determine funding is a very efficient way (in most cases) of ensuring projects that are important to business strategy meet their financial requirements.
When it comes to criticism, most of the criticisms were coming from the individual sections of the company who didn't receive their required funding. For instance, only $60 M was allocated while $210M was requested by all the business units.
With the new process being implement, Matulovic was able to bring in business unit managers to work together using the overall company strategy as the driving element. This new process was a massive improvement over the previous process and provides much needed structure-oriented alignment with their goals.
3. Who controls the budgets from which IT projects are funded at Volkswagen of America? Who should control these budgets? Should IT department have its own