APM

Problem: There is no single repository of applications. Applications are tracked in multiple spreadsheets. What is a solution? - Solution: APM is a single centralized system stores the applica tions inventory and all related data. Problem: There is no single definition of an application. For example - is SAP an application? What is a solution? - Solution: APM provides an unambiguous definition of a business application. Problem: The business value provided by an application is too subjective. Wh...

What does Application Portfolio Management Provide? - -Scoring algorithms that generate reports about application values and health of IT infrastructure -Metrics that illustrate the business b enefits of each application -An inventory of a customer's software applications How does ServiceNow's APM work? - -It helps you decide whether to invest, sustain, or replace applications -It allows you to identify redundancies and decrease budgetary costs -It provides comprehensive understanding of the a...

What should a business case include? - B - Background O - Options B- Benefits CA - Commercial Aspects R - Risks T - Timescales What are the 5 aspects of the PRAM? - Initiate Identif y Assess Plan responses Implement responses What are the 5 phases in the extended project life cycle? - Concept Definition Development Handover and Closure Operations Who are potential stakeholders within a project? - Project Sponsor Project Team Users Suppliers Customers Senior Management What are the 5 steps within...

The PM may fulfill the role of the _____? - Product owner: defining stories, prioritizing team backlogs, accepting stories, etc. T or F? PM supports all product aspects - True - Acts as marketing, contact for ales, reviews legal agreements, responses to service requests, manages valuesteam economics PMs rely on ___ for development facing concerns - Product Owners Four dimensions of product management stakeholders - Business goals, getting it off the shelf (shipped), getting it built and leveragi...

The PM may fulfill the role of the _____? - Product owner: defining stories, prioritizing team backlogs, accepting stories, etc. T or F? PM supports all product aspects - True - Acts as marketing, contact for sales, reviews legal agreements, responses to service requests, manages value steam economics PMs rely on ___ for development facing concerns - Product Owners Four dimensions of product management stakeholders - Business goals, getting it off the shelf (shipped), getting it built and levera...

What is APM and what assistance does it provide an organization? - Application Portfolio Management is a framework for managing enterprise Business Applications and software-based services. A PM aids in - developing a comprehensive understanding of applications in the organization - identifying redundancy - decreasing budget/costs - identifying which applications to modernize/upgrade - deciding whether to invest, sustain or replace based on business need aligned to organizational goals What chal...