Application Portfolio Management (APM)

Gain control, reduce costs, and transform your application portfolio with UMT Consulting Group

Businesses routinely invest almost 70% of their IT spend on maintaining their existing application portfolio. With this level of spending, explicit linkage from business strategy to your application management strategy is crucial. The communication gap between the systems and user communities makes experienced guidance essential. UMT Consulting Group provides the best-practice framework for assessing applications from the diverse perspectives of business value, performance, cost, architecture and risk.

UMT Consulting Group pioneered the fusion between application and project portfolio management, and has developed and deployed a proven business alignment methodology to help you assess and rationalize your application portfolio. With nearly 20 years in the portfolio management space, UMT Consulting Group can leverage a wealth of change management experience and software expertise to make industry best practices feasible and lasting in your organization.

UMT Consulting Group's expertise helps you successfully implement APM and deliver the following benefits:     

• Demonstrate the value, beyond just financial ROI, of the IT maintenance budget to the business - UMT Consulting Group's comprehensive APM model represents all stakeholders by quantifying and correlating business and IT values to identify a superior enhancement roadmap.
• Apply a portfolio management approach to applications - UMT Consulting Group will tailor a portfolio framework that naturally supports your business needs and IT strategy. We will lead you to a robust definition of "application"; one that is both usable and flexible.
• Establish an application-level cost framework - UMT Consulting Group can help you distinguish among cost elements, developing a relevant application cost model that is linked to your project portfolio and your organization structure.
• Assess and manage application risk with a proven methodology - Quantified application risk, correlated to architecture, business importance, or cost can provide important strategic insight. UMT Consulting Group has quantitative analysis methods and frameworks to properly assess application risk.
• Identify and analyze application redundancies - UMT Consulting Group can help you create a standardized inventory of all of your applications' functionality and pinpoint applications that could be retired or combined. 
   

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