Application portfolio management

IT application portfolio management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. Application portfolio management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations. IT application portfolio management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. Application portfolio management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations. Likely the earliest mention of the Applications Portfolio was in Cyrus Gibson and Richard Nolan's HBR article 'Managing the Four Stages of EDP Growth' in 1974.