Application Portfolio Management Essentials for Comprehensive Coverage

Application Portfolio Management Essentials for Comprehensive Coverage

Course Overview

This comprehensive course is designed to provide participants with the knowledge and skills necessary to effectively manage their organization's application portfolio. Upon completion, participants will receive a Certificate in Application Portfolio Management issued by The Art of Service.

Course Curriculum

Module 1: Introduction to Application Portfolio Management

• Definition and importance of Application Portfolio Management (APM)
• Benefits of APM: cost optimization, improved efficiency, and enhanced business alignment
• APM frameworks and methodologies: ITIL, TOGAF, and others
• Role of APM in digital transformation and IT modernization

Module 2: Application Portfolio Assessment

• Identifying and categorizing applications: business critical, business operational, and technical
• Assessing application complexity: technical debt, functionality, and user experience
• Evaluating application value: business benefits, ROI, and cost savings
• Creating an application inventory: data collection, analysis, and reporting

Module 3: Application Rationalization

• Defining rationalization strategies: consolidation, standardization, and elimination
• Identifying candidates for rationalization: redundant, obsolete, and trivial (ROT) applications
• Analyzing application dependencies: business processes, data flows, and technical integrations
• Developing a rationalization roadmap: prioritization, planning, and execution

Module 4: Application Portfolio Optimization

• Defining optimization goals: cost reduction, efficiency gains, and business value enhancement
• Analyzing application performance: metrics, benchmarks, and best practices
• Identifying opportunities for optimization: process automation, technology upgrades, and outsourcing
• Developing an optimization plan: prioritization, resource allocation, and monitoring

Module 5. Application Lifecycle Management: Implementing lifecycle management tools: ALM, PLM, and ITSM

• Understanding application lifecycle stages: development, deployment, operation, and retirement
• Defining lifecycle management processes: change management, release management, and configuration management
• Implementing lifecycle management tools: ALM, PLM, and ITSM
• Ensuring lifecycle management governance: policies, procedures, and standards

Module 6: Application Security and Risk Management

• Understanding application security threats: vulnerabilities, attacks, and breaches
• Defining application security controls: authentication, authorization, and encryption
• Implementing application risk management: risk assessment, mitigation, and monitoring
• Ensuring compliance with security regulations and standards: GDPR, HIPAA, and PCI-DSS

Module 7. Application Portfolio Governance: Defining governance frameworks: COBIT, ITIL, and TOGAF

• Defining governance frameworks: COBIT, ITIL, and TOGAF
• Establishing governance structures: roles, responsibilities, and decision-making processes
• Implementing governance processes: portfolio management, project management, and service management
• Ensuring governance metrics and monitoring: KPIs, reporting, and continuous improvement

Module 8: Application Portfolio Management Tools and Technologies

• Overview of APM tools: LeanIX, ServiceNow, and Planview
• Evaluating tool functionality: portfolio management, application rationalization, and lifecycle management
• Implementing APM tools: configuration, customization, and integration
• Using APM tools for reporting and analytics: dashboards, reports, and data visualization

Module 9: Case Studies and Best Practices

• Real-world examples of APM implementation: successes, challenges, and lessons learned
• Best practices for APM: industry benchmarks, research findings, and expert insights
• Group discussions and analysis: applying APM principles to real-world scenarios
• Action planning: developing a personalized APM roadmap

Course Benefits

Upon completion of this course, participants will:

• Understand the principles and practices of Application Portfolio Management
• Be able to assess and rationalize their organization's application portfolio
• Develop a comprehensive APM strategy and roadmap
• Implement APM tools and technologies to support their strategy
• Receive a Certificate in Application Portfolio Management issued by The Art of Service

Course Features

This course is designed to be:

• Interactive: engaging discussions, group exercises, and hands-on projects
• Comprehensive: covering all aspects of APM, from fundamentals to advanced topics
• Personalized: tailored to meet the needs and goals of individual participants
• Up-to-date: incorporating the latest trends, best practices, and technologies
• Practical: focusing on real-world applications and case studies
• User-friendly: easy to navigate and access, with clear instructions and support
• Mobile-accessible: accessible on a variety of devices, including smartphones and tablets
• Community-driven: fostering collaboration and knowledge sharing among participants
• Actionable: providing participants with practical insights and takeaways
• Lifetime access: allowing participants to revisit course materials and updates

,