Application Portfolio Management Tool Capabilities

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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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