IT Application Portfolio Management (APM) is a practice that has emerged in mid to large size Information Technology (IT) organizations since the mid-1990s. Application Portfolio Management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations.
Read more about Application Portfolio Management: Evolution of The Practice, Business Case For APM, Portfolio, Definition of An Application, The Requirements of A Definition, Examples, Methods and Measures For Evaluating Applications
Famous quotes containing the words application and/or management:
“If you would be a favourite of your king, address yourself to his weaknesses. An application to his reason will seldom prove very successful.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)