Effective IT Service ManagementLean IT

Application Portfolio Management Tool Capabilities

There is growing discussion about Application Portfolio Management but there aren’t many supporting tools.  In order to effectively manage Application Portfolios, the following information should be tracked.

– Profile information about each application including purpose, business owner, support team, technology, interfaces, etc.

– Supported business processes and business benefits

– Schedule information

– Component inventory and relationships

– Financial information (Cost to develop/enhance, cost to support, cost to operate)

– Business priority and disaster recovery priority

– Security/confidentiality and types of data

– Long-term strategy and justification (operate, repair, replace, retire)

– Maintenance requirements (e.g. table maintenance)

– Library locations

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