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Application Portfolio Management Best Practices and Implementation Essentials

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Application Portfolio Management Best Practices and Implementation Essentials



Course Overview

This comprehensive course is designed to provide participants with the knowledge and skills necessary to effectively manage their organization's application portfolio. Participants will learn best practices and implementation essentials for Application Portfolio Management (APM), enabling them to optimize their organization's application landscape and improve overall business performance.



Course Objectives

  • Understand the principles and benefits of Application Portfolio Management
  • Learn how to assess and analyze the current state of their organization's application portfolio
  • Develop a comprehensive APM strategy and roadmap
  • Identify and prioritize applications for optimization, consolidation, or retirement
  • Implement APM best practices and governance
  • Measure and report on APM performance and ROI


Course Outline

Module 1: Introduction to Application Portfolio Management

  • Defining APM: Understanding the concept and scope of APM
  • Benefits of APM: Exploring the business value of APM
  • APM Frameworks and Standards: Overview of industry-recognized APM frameworks and standards
  • APM Maturity Models: Understanding APM maturity and how to assess it

Module 2: Assessing the Current State of Your Application Portfolio

  • Application Inventory: Creating a comprehensive inventory of applications
  • Application Assessment: Evaluating applications based on business value, technical quality, and other criteria
  • Data Collection and Analysis: Gathering and analyzing data to inform APM decisions
  • Stakeholder Engagement: Engaging stakeholders in the APM process

Module 3: Developing an APM Strategy and Roadmap

  • Defining APM Vision and Objectives: Establishing a clear APM vision and objectives
  • APM Strategy Development: Creating a comprehensive APM strategy
  • Roadmap Development: Developing a roadmap for APM implementation
  • Prioritizing APM Initiatives: Prioritizing APM initiatives based on business value and feasibility

Module 4: Application Rationalization and Optimization

  • Application Rationalization: Identifying applications for optimization, consolidation, or retirement
  • Application Optimization: Strategies for optimizing application performance and value
  • Application Consolidation: Approaches to consolidating applications and reducing complexity
  • Application Retirement: Planning and executing application retirement

Module 5: APM Governance and Best Practices

  • APM Governance: Establishing governance structures and processes for APM
  • APM Best Practices: Implementing industry-recognized APM best practices
  • Change Management: Managing organizational change associated with APM
  • Communication and Stakeholder Engagement: Communicating APM plans and progress to stakeholders

Module 6: Measuring and Reporting APM Performance

  • APM Metrics and KPIs: Defining and tracking APM metrics and KPIs
  • APM Reporting: Creating reports to inform stakeholders and support decision-making
  • APM ROI Analysis: Conducting ROI analysis to measure APM benefits
  • Continuous Improvement: Using APM metrics and insights to drive continuous improvement


Course Benefits

  • Gain a comprehensive understanding of Application Portfolio Management best practices and implementation essentials
  • Develop a personalized APM strategy and roadmap for your organization
  • Learn how to assess and optimize your organization's application portfolio
  • Improve your ability to measure and report on APM performance and ROI
  • Receive a Certificate of Completion issued by The Art of Service upon completing the course


Course Features

  • Interactive and Engaging: Learn through a mix of lectures, discussions, and hands-on exercises
  • Comprehensive and Up-to-date: Stay current with the latest APM best practices and trends
  • Personalized: Apply course concepts to your organization's specific needs and challenges
  • Practical and Real-world: Learn from experienced instructors with real-world APM experience
  • Flexible and Self-paced: Complete the course at your own pace, on your own schedule
  • User-friendly and Mobile-accessible: Access course materials from anywhere, on any device
  • Community-driven: Connect with other participants and instructors through discussion forums and live sessions
  • Lifetime Access: Retain access to course materials for continued learning and reference
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