Development of new products and identification of growth directions is an important enterprise strategic planning problem. It also has to be balanced with current enterprise objectives, resources and competences. The course explores different solutions of this problem using business process modelling, multi-criteria decision-making methods and product and project feasibility analysis methods. The main attention is devoted to integration of portfolio management into the overall life-cycle of information systems development. Technological solutions used in evaluation of alternative projects and for integration with other information systems development tools are explored in laboratory work.