A well-written contract ensures that the selected vendor meets the company's specific expectations and objectives for the purchase. During the evaluation process, the team will determine whether the selected vendor will have any difficulty meeting original purchase objectives. The negotiating team, therefore, must reach agreement on which objectives will require negotiation and what an acceptable outcome will be.
Application Portfolio Management (APM) requires discipline and attention, but once in place it can help reign in ballooning application maintenance and development costs. Use APM to help ensure precious resources are allocated to the applications that deliver the most value to the enterprise.
One of the keys to successful Application Portfolio Management (APM) is mapping business function and business value to applications in inventory. Use this tool to assess the business function and value of enterprise applications.
Application maintenance consumes an enormous portion of enterprise IT budgets and resources. There is often little consideration given to which applications provide real business value and warrant resources and which provide little or no value. Use Application Portfolio Management (APM) to evaluate which enterprise apps deserve precious resources.
The foundation of Application Portfolio Management (APM) is an accurate and detailed inventory. Use this application inventory tool to document all applications deployed in the enterprise.
A well-written contract ensures that the selected vendor meets the company's specific expectations and objectives for the purchase. During the evaluation process, the team will determine whether the selected vendor will have any difficulty meeting original purchase objectives. The negotiating team, therefore, must reach agreement on which objectives will require negotiation and what an acceptable outcome will be.
Application development is a major cost center for most IT shops. On average, application development accounts for 40% of FTE allocation. Info-Tech presents five key strategies for reducing the impact of app-dev.
Commercial off-the-shelf (COTS) applications involve significant costs for most enterprises. Follow five key strategies to drive the costs out of the COTS portfolio.
While economic woes continue to plague businesses, IT remains relatively unscathed. Although there is bound to be a handful of IT professionals in the proverbial unemployment line, IT staff have not been as negatively affected as those closer to the shop floor. That said, IT shops are not immune to the economic downturn, and nowhere is that more noticeable than in frozen capital expenditures and reassessments of IT project portfolios.
Enterprises typically spend more than half of application budgets on maintenance and enhancement. Managing the application portfolio can give organizations insight into which applications are providing value, and which are money pits. Understand Application Portfolio Management (APM) and how it can help get a handle on maintenance costs.
Application Portfolio Management (APM) is about allocating appropriate resources to the right applications. It's not a one-time activity; it requires care and feeding. Keep APM on track by maintaining focus and keeping resources engaged.