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

 Information system committee approves or disapproves projects and sets priorities, Notes
indicating which projects are most important and should receive immediate attention.

2.6 Keywords

Application Portfolio: 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.

Application Portfolio Management: It is the procedure consumers and IT utilize to maintain the
portfolio data current and to formulate investment conclusions.
Information Systems Committee: A committee of managers and analysts in the information
systems department.
Steering Committee: A committee consisting of key managers from various departments of the
organization as well as members of information systems group.

2.7 Review Questions

1. Illustrate the process of managing the application development portfolio.
2. List the advantages of an application portfolio management process.
3. Elucidate the procedure of information system planning.

4. Why do we develop a new systems project? Illustrate.
5. Describe different committees formats used for managing projects.
6. List the questions reviewed by the management to decide the priority of a system
development.
7. What are the functions of a long-term development committee?
8. Discuss some of the contents of a project request.

9. Describe the most significant reasons for a project to be initiated.
10. Enlighten various primary sources of project request.
11. Make distinction between Information system committee method and User Group
Committee Method.
Answers: Self Assessment

1. application portfolio 2. Application Portfolio Management
3. Technical Quality 4. Functional Quality
5. Information system 6. formal
7. task 8. analyze

9. planned 10. requests
11. Steering 12. Information system
13. User Group 14. Project Selection
15. preliminary investigation

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