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IT portfolio management is the application of systematic management to the investments, projects and activities of enterprise Information Technology (IT) departments. . Examples of IT portfolios would be planned initiatives, projects, and ongoing IT services (such as application s
IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. [1] Application Portfolio Management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations.
The company was founded in 1989 in Austin, Texas, by Patrick Durbin. Durbin [12] is a pioneer in the project and portfolio management (PPM) industry who led Planview as CEO during the first 15 years of its growth. In 1997, the company launched its complete web-based resource and project portfolio management (PPM) software, Planview Enterprise.
While traditional release management addresses fine-grained changes and provides technical support for the project, ERM supports enterprise portfolio/project management (PPM) and brings a pragmatic architectural and execution perspective to the selection and planning to an enterprise release.
Process of IT Strategy is simplified with framework constituted of IT Service Management (ITSM [10]), Enterprise Architecture Development (TOGAF) and Governance (COBIT). IT Strategy is modeled as vertical IT service applied to and supported by each horizontal layers of SOA architecture. For details, refer Haloedscape IT Strategy Framework. [9]
Enterprise architecture regards the enterprise as a large and complex system or system of systems. [3] To manage the scale and complexity of this system, an architectural framework provides tools and approaches that help architects abstract from the level of detail at which builders work, to bring enterprise design tasks into focus and produce valuable architecture description documentation.
Planisware is a company that develops and provides two Enterprise Project Portfolio Management (PPM) applications, Planisware Enterprise and Planisware Orchestra. These applications are part of its Business Innovation Cloud and are used globally across various industries such as energy, medical devices, high-tech, aerospace and defense ...
The international definition according to the Federation of Enterprise Architecture Professional Organizations is "a well-defined practice for conducting enterprise analysis, design, planning, and implementation, using a comprehensive approach at all times, for the successful development and execution of strategy.
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