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Mithilesh Kumar Dubey, LPU Unit 2: Managing Application Development Portfolio and Project Review & Selection

Unit 2: Managing Application Development Portfolio Notes
and Project Review & Selection

CONTENTS
Objectives
Introduction

2.1 Managing the Application Development Portfolio
2.1.1 Benefits
2.2 Information System Planning
2.3 Project Selection

2.3.1 Reasons for Developing New Systems Project
2.3.2 Sources of Projects Requests
2.4 Managing Project Review and Selection
2.4.1 Steering Committee Method

2.4.2 Information Systems Committee Method
2.4.3 User Group Committee Method
2.5 Summary
2.6 Keywords

2.7 Review Questions
2.8 Further Readings

Objectives

After studying this unit, you will be able to:

 Understand the concept of managing the application development portfolio
 Illustrate the information system planning
 Discuss the managing project review and selection

Introduction

An application is a compilation of computer programs and data that work mutually as a system
to execute one or more business functions. It is sometimes known as “application system” or
“system. The definition is proposed to permit for some suppleness in explanation. An application
portfolio is a collection for a specified customer, of the high-level and thorough information
essential for IT and the consumer to build up an investment strategy across the customers’
applications (i.e. build up particular improvement or investment tactics for every application
where enhancement or investment are valued). In this unit, you will understand the process of
managing the application development portfolio. Also you will understand the process of
managing project review and selection. As an organization always has many projects (concerned
with MIS or other business functions) to do, the management must decide the priority of a
system development in order to streamline the business.

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