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Mastering Application Rationalization; A Step-by-Step Guide to Identifying, Assessing, and Prioritizing Business Applications for Risk Management and Compliance

Mastering Application Rationalization; A Step-by-Step Guide to Identifying, Assessing, and Prioritizing Business Applications for Risk Management and Compliance

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Mastering Application Rationalization: A Step-by-Step Guide to Identifying, Assessing, and Prioritizing Business Applications for Risk Management and Compliance



Course Overview

This comprehensive course is designed to provide participants with a thorough understanding of application rationalization, its importance in risk management and compliance, and a step-by-step guide to identifying, assessing, and prioritizing business applications. Upon completion of this course, participants will receive a certificate issued by The Art of Service.



Course Features

  • Interactive and engaging learning experience
  • Comprehensive and up-to-date content
  • Personalized learning approach
  • Practical and real-world applications
  • High-quality content developed by expert instructors
  • Certification upon completion
  • Flexible learning schedule
  • User-friendly and mobile-accessible platform
  • Community-driven discussion forums
  • Actionable insights and hands-on projects
  • Bite-sized lessons for easy learning
  • Lifetime access to course materials
  • Gamification and progress tracking features


Course Outline

Module 1: Introduction to Application Rationalization

  • Definition and importance of application rationalization
  • Benefits of application rationalization in risk management and compliance
  • Overview of the application rationalization process

Module 2: Identifying Business Applications

  • Types of business applications and their functions
  • Methods for identifying business applications
  • Creating an inventory of business applications

Module 3: Assessing Business Applications

  • Criteria for assessing business applications
  • Methods for assessing business applications
  • Creating a scoring system for business applications

Module 4: Prioritizing Business Applications

  • Methods for prioritizing business applications
  • Creating a prioritization framework
  • Case study: Prioritizing business applications in a real-world scenario

Module 5: Risk Management and Compliance Considerations

  • Overview of risk management and compliance in application rationalization
  • Identifying and mitigating risks in business applications
  • Ensuring compliance with regulatory requirements

Module 6: Application Rationalization Tools and Techniques

  • Overview of application rationalization tools and techniques
  • Using spreadsheets and templates for application rationalization
  • Introduction to application rationalization software

Module 7: Best Practices for Application Rationalization

  • Best practices for identifying and assessing business applications
  • Best practices for prioritizing and rationalizing business applications
  • Common pitfalls and mistakes to avoid

Module 8: Case Studies and Real-World Examples

  • Real-world examples of successful application rationalization projects
  • Case studies: Application rationalization in different industries
  • Lessons learned and best practices from real-world examples

Module 9: Implementing Application Rationalization in Your Organization

  • Creating a business case for application rationalization
  • Developing an implementation plan
  • Overcoming common obstacles and challenges

Module 10: Sustaining Application Rationalization Efforts

  • Maintaining and updating the application inventory
  • Continuously monitoring and assessing business applications
  • Ensuring ongoing compliance and risk management


Certificate of Completion

Upon completion of this course, participants will receive a certificate issued by The Art of Service, demonstrating their mastery of application rationalization and their ability to identify, assess, and prioritize business applications for risk management and compliance.

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