- Too many different applications that seem to support similar business processes
- Difficulty to cut in legacy portfolio
- No visibility of entire project financial, planning, usage and performance status
- Management by Excel and Powerpoint in the CIO office
The business is using multiple applications in their operations. Many of these applications are old and may even be obsolete. In the current application landscape it is increasingly difficult to understand the need, consequence and ultimate success of application related investments or rationalization activities.
Similarly, when multiple projects with associated IT systems are underway, the overview in terms of financial investments, performance, resource usage and possible bottlenecks or conflicts are often very difficult to present in a concise manner, enabling relative easy decisions.
A portfolio management tool enables a thorough and complete visibility of applications, projects and other defined portfolios in a clear and simple manner. Based on the defined relationships of key parameters associated with the project, application, business unit, site, customer or any other filter, the portfolio management tool visualizes the parameters, relationships and combined decision queries in a flexible and scalable manner.