Application Portfolio Management: Simplifying Complexity

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What is one of the external drivers for application portfolio rationalization mentioned in the text?

Attrition of legacy application developers

Aging technology

Compliance efforts (correct)

Pressure to improve visibility and accountability

Which of the following is NOT mentioned as a reason for difficulty in understanding the current state of the portfolio?

Unplanned and unfunded changes

Aging technology (correct)

Mergers and acquisitions

Limited ability to justify budget, time and resources

What technology is mentioned as being more difficult (expensive) to maintain due to legacy code?

Web services

Java

C/C++ (correct)

COBOL

Which company saved 2 million by eliminating over-allocated DB2 files, obsolete batch jobs, CPU cycles, and emergency break-fix migrations?

Leading Financial Management and Advisory Company in US Signup and view all the answers

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

Moving towards open architectures, Web services, and collaborative business models Signup and view all the answers

Which company recouped ROI in less than 12 months while gaining control of its iSeries applications built on DB2 databases and written in RPG/ILE?

Global Supply Chain Solution Provider Signup and view all the answers

What is mentioned as a significant learning outcome for IT management according to the text?

Saved 20-30% in maintenance costs Signup and view all the answers

What is the main goal of Application Portfolio Management (APM)?

Reducing the total cost of ownership and aligning business and IT investment Signup and view all the answers

What is one of the business drivers for Application Portfolio Management?

Improve agility and manage risk Signup and view all the answers

How can Application Portfolio Rationalization (APR) help reduce costs?

Reduce cost of managing and maintaining applications, services, and skills by 20 to 35% Signup and view all the answers

What is a business implication of the status quo mentioned in the text?

Firefighting and reactive portfolio maintenance Signup and view all the answers

How can APM contribute to reducing complexity and improving capabilities?

By identifying and reducing complexity, resulting in more flexible and reusable applications Signup and view all the answers

What does Application Portfolio Rationalization (APR) aim to achieve in terms of time to market?

Bring products to market faster by re-architecting applications Signup and view all the answers

What is a strategic issue caused by the status quo mentioned in the text?

Competitive disadvantage due to limited facilities Signup and view all the answers

How does APM contribute to aligning business and IT?

By diminishing the risk involved in deriving greater business and IT agility through cost-efficient solutions Signup and view all the answers

What does Application Portfolio Management aim to achieve in terms of cost alignment?

Improve alignment of business and IT investments, leading to cost savings of 20 to 35% Signup and view all the answers

How can APM help drive effectiveness?

'By simplifying complexity systematically and aligning business and IT investment' Signup and view all the answers

What is the main goal of Application Portfolio Rationalization (APR)?

To stem the flow of money into the expense of maintaining the existing application portfolio Signup and view all the answers

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

Aging technology – (C/C++, Pearl have joined COBOL, PL1 and ASM) Signup and view all the answers

What is one of the external drivers for application portfolio rationalization mentioned in the text?

Mergers and acquisitions Signup and view all the answers

What is a strategic issue caused by the status quo mentioned in the text?

Difficulty understanding the current state of the portfolio Signup and view all the answers

How can Application Portfolio Rationalization (APR) help reduce costs?

By eliminating over-allocated DB2 files and obsolete batch jobs Signup and view all the answers

How does APM contribute to aligning business and IT?

By supporting processes that improve productivity and quality across functional teams Signup and view all the answers

What technology is mentioned as being more difficult (expensive) to maintain due to legacy code?

(C/C++, Pearl have joined COBOL, PL1 and ASM) Signup and view all the answers

What is a business implication of the status quo mentioned in the text?

Unplanned and unfunded changes Signup and view all the answers

What is one of the business drivers for Application Portfolio Management?

(Pressure to improve visibility and accountability) Signup and view all the answers

How can APM contribute to reducing complexity and improving capabilities?

By moving towards open architectures, Web services, and collaborative business models Signup and view all the answers

What is the main purpose of Application Portfolio Management (APM)?

To reduce the total cost of ownership and align business and IT investment Signup and view all the answers

What is a strategic issue mentioned as a driver for Application Portfolio Management?

Competitive advantage Signup and view all the answers

How does Application Portfolio Rationalization (APR) contribute to reducing costs?

By lowering the cost of running IT operations Signup and view all the answers

What is one of the implications of the status quo mentioned in the text?

Frustrated users Signup and view all the answers

What is the focus of Application Portfolio Rationalization (APR)?

Reducing cost of managing and maintaining investments Signup and view all the answers

How can Application Portfolio Management (APM) contribute to driving effectiveness and cost efficiency?

By aligning business processes, services, and applications Signup and view all the answers

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

To meet the growth needs of the organization Signup and view all the answers

How does Application Portfolio Management (APM) aim to achieve time to market benefits?

By re-architecting applications to make them easier to change Signup and view all the answers

Application Portfolio Management: Simplifying Complexity

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Questions and Answers

What is one of the external drivers for application portfolio rationalization mentioned in the text?

Which of the following is NOT mentioned as a reason for difficulty in understanding the current state of the portfolio?

What technology is mentioned as being more difficult (expensive) to maintain due to legacy code?

Which company saved 2 million by eliminating over-allocated DB2 files, obsolete batch jobs, CPU cycles, and emergency break-fix migrations?

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

Which company recouped ROI in less than 12 months while gaining control of its iSeries applications built on DB2 databases and written in RPG/ILE?

What is mentioned as a significant learning outcome for IT management according to the text?

What is the main goal of Application Portfolio Management (APM)?

What is one of the business drivers for Application Portfolio Management?

How can Application Portfolio Rationalization (APR) help reduce costs?

What is a business implication of the status quo mentioned in the text?

How can APM contribute to reducing complexity and improving capabilities?

What does Application Portfolio Rationalization (APR) aim to achieve in terms of time to market?

What is a strategic issue caused by the status quo mentioned in the text?

How does APM contribute to aligning business and IT?

What does Application Portfolio Management aim to achieve in terms of cost alignment?

How can APM help drive effectiveness?

What is the main goal of Application Portfolio Rationalization (APR)?

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

What is one of the external drivers for application portfolio rationalization mentioned in the text?

What is a strategic issue caused by the status quo mentioned in the text?

How can Application Portfolio Rationalization (APR) help reduce costs?

How does APM contribute to aligning business and IT?

What technology is mentioned as being more difficult (expensive) to maintain due to legacy code?

What is a business implication of the status quo mentioned in the text?

What is one of the business drivers for Application Portfolio Management?

How can APM contribute to reducing complexity and improving capabilities?

What is the main purpose of Application Portfolio Management (APM)?

What is a strategic issue mentioned as a driver for Application Portfolio Management?

How does Application Portfolio Rationalization (APR) contribute to reducing costs?

What is one of the implications of the status quo mentioned in the text?

What is the focus of Application Portfolio Rationalization (APR)?

How can Application Portfolio Management (APM) contribute to driving effectiveness and cost efficiency?

What is mentioned as a reason for the ongoing need to modernize older applications and extend their useful life?

How does Application Portfolio Management (APM) aim to achieve time to market benefits?

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