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

Notes

Notes A Critical Success Factor in all of these concerns is “fair & balanced” assessments. It
is usually best if one person or a very minute team help all of the measurement sessions
to assure a reliable strategy.

Task Make distinction between technical quality and functional quality.

2.1.1 Benefits

Following are advantages to be gained by means of an application portfolio management process:

1. It assures that investments in I/T applications are guided in regions that offer the most
value to the company.

2. It allows IT and its user community to interrelate and to together make decisions concerning
applications and investments.
3. Highlights regions where the company can save money by recognizing applications where
support should be condensed or eliminated.
4. It assists the business unit and IT recognize and concentrates on applications that are high
risk to the company (i.e., high strategic significance, but low in both technical and functional
excellence).

5. It builds a complete inventory of all applications.
6. It offers the IT user community the capability to observe their whole application portfolio
and each application’s comparative value to the industry.

Self Assessment

Fill in the blanks:
1. An ................................... 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.

2. ................................... is the procedure consumers and IT utilize to maintain the portfolio
data current and to formulate investment conclusions.
3. ................................... application is assessed against factors like maintainability, constancy,
and effectual utilization of technology.
4. ................................... is a concern of how well the application fulfills the requirements of
the business.

2.2 Information System Planning

Information system planning is defined as a process for producing a strategy and plans for
arranging information systems with the business approaches of an organization.
To support supervisors and executives in producing information systems that aid in attaining an
organization’s corporate assignment, formal planning techniques have been produced and made

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