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Phrase of the
Month
Application
Portfolio Management (APM) Application
portfolio management (APM) is a framework for
managing enterprise IT software applications and
software-based services. APM provides managers
with an inventory of the company's software
applications and metrics to illustrate the
business benefits of each application.
An APM
system uses a scoring algorithm for generating
reports about the value of each application and
the health of the IT infrastructure as a whole. By
gathering metrics like an application's age, how
often it's used, the cost it takes to maintain it
and its interrelationships with other
applications, a manager can use more than just an
educated guess to decide whether or not a
particular application should be kept, updated,
retired or replaced.
According to NASA's Office
of the Chief Information Officer :
"[APM]
is really about implementing a repeatable process
to assess what we have, and, if an application is
not performing or does not meet our architectural
requirements, eliminating it and replacing it with
a better performing application. We're doing it to
try and reduce the money we spend on maintaining
existing applications (that don't perform well)
and freeing up that money to invest in new and
better performing applications."
Contact Beth at
Webfortis to get your copy of "Microsoft Online
Services Business Value
Whitepaper"
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