What is Application Portfolio Management?
Application Portfolio Management, or APM, is a process that prioritizes development activities based on business goals. By tracking and trending key performance indicators for the application portfolio, managers can determine which applications to invest in, modernize, and rationalize.
Application Portfolio Management is about more than optimizing application roadmaps. It is about synchronizing IT priorities with business priorities.
As a result, Application Portfolio Management should be viewed as an extension of the strategic planning of your organization. After all, your applications automate core business operations, so you should invest to support the operations that matter most to your organization.
This means that you must collect measurements about your application portfolio in
the appropriate business context. And these metrics must be geared toward answering strategic planning questions that help you to focus development priorities
on business priorities.