For CIOs (Length: 11 pages)

July 23, 2008

Develop Metrics Thoughtfully To Streamline Application Portfolios Successfully

This is the third document in the "Strategic Application Planning" series.

by Phil Murphy

with Alex Cullen, Tim DeGennaro

Executive Summary (This is a document excerpt)

CIOs will be stuck with burdensome, expensive application portfolios until they take the steps necessary to rationalize and streamline the portfolios. But streamlining the portfolio with poor transparency and no usable metrics virtually guarantees that ill-informed decisions will continue to exacerbate, not solve, the problem. CIOs should encourage their portfolio management team's efforts to identify, cultivate, and institutionalize the collection of application information to move their efforts from business as usual (failure) to breakthrough performance.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemApplication Truth Exposes Waste, Redistributes Wealth, And Frees Resources

itemApplication Metrics Are The Foundation Of Proactive Application Management . . .

item. . . And Feed Neighboring Activities On The Application Management Continuum

itemBut Discovering And Developing Application Metrics Takes Effort . . . And Time

itemThe Portfolio Mix Determines Available Information Sources

itemThe Three Collection Methods: Autodiscovery, Survey, And Integration With Existing Sources

itemIf Content Is King, How Do You Decide What To Collect?

itemTool Vendors Can Provide Parts Of A Solution But Not A Complete One

recommendations

itemWe Cannot Manage What We Do Not Measure — So Start Measuring

For the basis of this document, Forrester analysts drew on experiences and interactions with IT organizations facing these issues.

Related Research Documents

itemCIOs Must MAP A Strategic Application Plan

February 4, 2008

itemThe Forrester Wave™: Project Portfolio Management Tools, Q4 2007

December 18, 2007

itemCIOs: Reduce Costs By Scoring Applications

January 10, 2007

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Analyst: Phil Murphy
Technology: Application Development, Application Development Management, Application Development Metrics & Benchmarks, Architecture & Technology Strategy, Economy, Recession
Geography: Asia Pacific, Europe, North America
Archived Teleconference:
Four Steps To Optimize Your Application And Project Portfolios In Volatile Economic Times
Original air date: Thursday, February 19, 2009
Also in this series:
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