APM Application Lifecycle

APM allows you to manage applications throughout the application lifecycle using an application methodology. APM helps your organization to optimize application resources and to manage risk.
Application Lifecycle Stages
The application lifecycle consists of the following stages:
  1. Proposal: The application requirements are formally submitted to vendors and vendors respond with a proposal.
  2. Bid-Vendor Selection: An organization solicits bids and selects an application vendor.
  3. Configure: A new application is configured to meet the needs of an organization.
  4. Deploy: A new application is made available to users in a production environment.
  5. Maintain: An existing application is maintained to meet requirements and continually add value.
  6. Retire: An existing application is no longer available for use.
Application Workflow
The following procedure summarizes the application workflow:
  1. Create an application in 
    Classic PPM
     under Home, Portfolio Management, Applications. The assessment score section is populated later in the workflow.
  2. Add planned costs to your application using one of the following methods:
    • Create a cost plan under Financial Plans, Cost Plans. See  for details on how to create a cost plan. Some of the portlets and reports in APM show annual planned cost for the current fiscal year.
    • Create a financial summary plan under application Properties, Financial Summary. Some of the portlets and reports in APM show annual planned cost for the current fiscal year.
  3. Add any certifications that apply to your application under application Properties, Certifications.
  4. Create (typically each year) a new assessment for your application under application Properties, Assessments with a status of Draft. In the assessment, select a mission critical level for the application. Also, answer a series of questions pertaining to application value, risk, and technical fit that are used to calculate the value, technical, and risk scores in the methodology. 
  5. Use the Assessment Review Dashboard to manage the assessment process.
  6. After the application assessment is complete, change the assessment status to Final. The assessment scores roll up to the application level and display on the application properties page, application list view, portlets, and reports.
  7. Review and analyze the application portfolio using the Application Dashboard and APM reports. Analyze applications periodically to ensure that their costs, risks, and technical fit align with the value that they bring to the organization.
  8. Mark applications as potential retirement candidates that are no longer a good fit.
    1. Select the Tagged for Retirement check box. 
    2. Enter a Target Retirement Date.
  9. Review the applications that are tagged for retirement to determine if they can be retired, and to select a retirement strategy and target date. Applications that are targeted for retirement appear on the Retirement tab of the Application Dashboard.
  10. Continue to manage your active applications throughout the application lifecycle and periodically reassess.
Retire an Application
You can retire applications using one of the following application retirement strategies:
  • Decommission: Complete removal of the application within an organization
  • Replace: Replace the existing application with a new application
  • Consolidate: Remove an obsolete application and augment a more relevant application to cover any functionality gaps that are caused by removing the obsolete application