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Mastering Application Portfolio Management Essentials

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Mastering Application Portfolio Management Essentials

Welcome to the comprehensive course on Mastering Application Portfolio Management Essentials, where you will gain the knowledge and skills necessary to effectively manage your organization's application portfolio. Upon completion of this course, you will receive a Certificate issued by The Art of Service.



Course Overview

This course is designed to provide a thorough understanding of Application Portfolio Management (APM) principles, best practices, and techniques. Through a combination of interactive lessons, real-world examples, and hands-on projects, you will learn how to:

  • Understand the fundamentals of APM and its importance in IT service management
  • Develop a comprehensive APM strategy aligned with business objectives
  • Identify, categorize, and prioritize applications within the portfolio
  • Assess application value, risks, and costs
  • Develop a roadmap for application rationalization and optimization
  • Implement APM metrics and monitoring
  • Continuously improve the APM process


Course Outline

Module 1: Introduction to Application Portfolio Management

  • Defining APM and its role in IT service management
  • Understanding the benefits of APM
  • APM frameworks and standards (e.g., ITIL, COBIT)
  • APM maturity models and assessment

Module 2: APM Strategy Development

  • Aligning APM with business strategy and objectives
  • Defining APM vision, mission, and scope
  • Identifying stakeholders and their roles
  • Developing an APM roadmap and plan

Module 3: Application Identification and Categorization

  • Identifying applications within the portfolio
  • Categorizing applications (e.g., business critical, non-critical)
  • Understanding application interdependencies
  • Creating an application inventory

Module 4: Application Assessment and Valuation

  • Assessing application value (e.g., business value, technical value)
  • Evaluating application risks and vulnerabilities
  • Analyzing application costs (e.g., maintenance, support)
  • Using assessment frameworks and tools

Module 5: Application Rationalization and Optimization

  • Developing a rationalization strategy
  • Identifying candidates for retirement, consolidation, or replacement
  • Creating a roadmap for application rationalization
  • Implementing optimization techniques (e.g., cloud migration)

Module 6: APM Metrics and Monitoring

  • Defining APM metrics (e.g., application availability, performance)
  • Establishing monitoring and reporting processes
  • Using data analytics for APM insights
  • Continuously improving APM metrics and monitoring

Module 7: Continuous Improvement and Governance

  • Establishing an APM governance framework
  • Defining roles and responsibilities
  • Continuously assessing and improving the APM process
  • Using feedback and lessons learned to improve APM


Course Features

This course is designed to be interactive, engaging, and comprehensive, with:

  • Bite-sized lessons for easy learning
  • Hands-on projects for practical experience
  • Real-world examples for context and relevance
  • Expert instructors with industry experience
  • Lifetime access to course materials
  • Mobile accessibility for learning on-the-go
  • Community-driven discussion forums
  • Gamification and progress tracking for motivation
  • Personalized learning paths for individual needs
  • Up-to-date content reflecting industry best practices


Certification

Upon completing this course, you will receive a Certificate issued by The Art of Service, demonstrating your expertise in Application Portfolio Management Essentials.

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