Application Portfolio Management
Application portfolio management emerged as a practice during the early to mid-1990s to provide a way for enterprises to measure and compare the business value and quantifiable benefits of applications to the operational and maintenance costs. This discipline helped IT departments to discover, understand, segment, categorize, and manage the various applications under their control. During that time, the impending threat of application failure due to the Y2K bug was a concern for all organizations, both large and small. Several legacy applications were especially considered to be at risk. This prompted ...