FirstAlign launches a new toolset to enable companies to run an effective APM Practice. Application Portfolio Management is a “set of processes that ensure capabilities” for managing technology and software projects as assets. The practice utilizes “step-by-step plans” for evolving the organization to meet strategic needs, while “minimizing the cost of the portfolio lifecycle”.
The APM Methodology helps organizations to develop strategies, along with “Target Operating Models”, focusing on key areas such as people, processes, decision making and tools in achieving business and technology outcomes. The practice assists in strategic direction, facilitate in defining “Roadmaps” and aiding executives when there is a lack of resources.
“The practice addresses key objectives and continues to provide the organization with recommendations on what and where the business should be investing across the organization.” Which may include:
“We’re excited! APM helps manage the complex, rapidly changing, technologies of our customers,” explained Shacoya Graham, CoE Executive, “Businesses need to be constantly redefined to address the ever moving and changing parts of an organization.”
Deployment of the practice has enabled FirstAlign to expand. Notable recent milestones include: