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Application Portfolio Management

“Application Portfolio Management (APM) is the ongoing application of systematic and structured decision-making processes to evaluate an organization’s applications along various dimensions (from a business and a technical viewpoint), weigh various actions for the purpose of optimization, and implement appropriate actions to resolve identified issues and meet key enterprise objectives. The promise of Application Portfolio Management lies primarily in reducing the complexity of the application landscape, which is approached from a holistic viewpoint.”

Project Portfolio - IT Demand Management

Portfolio Management

A portfolio is a collection of projects and/or programs used to structure and manage investments at an organizational or functional level to optimize strategic benefits or operational efficiency.

Project Management

Project management is the application of processes, methods, skills, knowledge, and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters.

Financial Management

Financial Management means planning, organizing, directing, and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to the financial resources of the enterprise.