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?

  • 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?

<p>Leading Financial Management and Advisory Company in US (B)</p> 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?

<p>Moving towards open architectures, Web services, and collaborative business models (C)</p> 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?

<p>Global Supply Chain Solution Provider (B)</p> Signup and view all the answers

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

<p>Saved 20-30% in maintenance costs (A)</p> Signup and view all the answers

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

<p>Reducing the total cost of ownership and aligning business and IT investment (B)</p> Signup and view all the answers

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

<p>Improve agility and manage risk (C)</p> Signup and view all the answers

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

<p>Reduce cost of managing and maintaining applications, services, and skills by 20 to 35% (D)</p> Signup and view all the answers

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

<p>Firefighting and reactive portfolio maintenance (A)</p> Signup and view all the answers

How can APM contribute to reducing complexity and improving capabilities?

<p>By identifying and reducing complexity, resulting in more flexible and reusable applications (D)</p> Signup and view all the answers

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

<p>Bring products to market faster by re-architecting applications (A)</p> Signup and view all the answers

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

<p>Competitive disadvantage due to limited facilities (A)</p> Signup and view all the answers

How does APM contribute to aligning business and IT?

<p>By diminishing the risk involved in deriving greater business and IT agility through cost-efficient solutions (D)</p> Signup and view all the answers

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

<p>Improve alignment of business and IT investments, leading to cost savings of 20 to 35% (D)</p> Signup and view all the answers

How can APM help drive effectiveness?

<p>'By simplifying complexity systematically and aligning business and IT investment' (D)</p> Signup and view all the answers

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

<p>To stem the flow of money into the expense of maintaining the existing application portfolio (B)</p> 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?

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

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

<p>Mergers and acquisitions (A)</p> Signup and view all the answers

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

<p>Difficulty understanding the current state of the portfolio (A)</p> Signup and view all the answers

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

<p>By eliminating over-allocated DB2 files and obsolete batch jobs (C)</p> Signup and view all the answers

How does APM contribute to aligning business and IT?

<p>By supporting processes that improve productivity and quality across functional teams (C)</p> Signup and view all the answers

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

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

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

<p>Unplanned and unfunded changes (A)</p> Signup and view all the answers

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

<p>(Pressure to improve visibility and accountability) (D)</p> Signup and view all the answers

How can APM contribute to reducing complexity and improving capabilities?

<p>By moving towards open architectures, Web services, and collaborative business models (D)</p> Signup and view all the answers

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

<p>To reduce the total cost of ownership and align business and IT investment (B)</p> Signup and view all the answers

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

<p>Competitive advantage (A)</p> Signup and view all the answers

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

<p>By lowering the cost of running IT operations (B)</p> Signup and view all the answers

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

<p>Frustrated users (C)</p> Signup and view all the answers

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

<p>Reducing cost of managing and maintaining investments (D)</p> Signup and view all the answers

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

<p>By aligning business processes, services, and applications (D)</p> 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?

<p>To meet the growth needs of the organization (C)</p> Signup and view all the answers

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

<p>By re-architecting applications to make them easier to change (C)</p> Signup and view all the answers

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