Enterprise Applications Portfolio Management Utilizing COTS

Issues in Informing Science and Information Technology Enterprise Applications Portfolio Management Utilizing COTS

The software assets that an enterprise applies toward the management of its business processes are bound to evolve in response to business model transformations dictated by changing management environments. Both a given set of software and its associated data form an asset portfolio that needs to be well managed to generate the greatest possible return over time. Tradeoffs between the TCO (Tota...

IT Portfolio Management: An Enterprise Risk Management-Based Perspective

Integrating IT Portfolio Management with Enterprise Architecture Management

The management of information technology (IT) as a business has become a crucial factor in today’s complex and dynamic environments. Many firms thus have implemented IT portfolio and enterprise architecture (EA) management practices, and academic research has paid increasing attention to these concepts. However, their integration seems poorly substantiated; this article therefore seeks to answe...

Enterprise Software Portfolio Management: An IT Decision-Making Framework

As enterprises continue searching for ways to strengthen the linkage between business models and IT, the enterprise software portfolio offers a crystallization of business processes whose cost-effort metrics, such as Function Point (FP) counting method, have been well defined over the past 25 years of custom software development history. A medium-sized manufacturing company has a portfolio aver...

Utilizing enterprise systems for managing enterprise risks

Enterprise risk management is a critical concept in the current business environment that supports use of tools and processes directed toward monitoring and mitigating organizational risks. Many organizations have embraced enterprise systems (ESs) technology for improving organizational efficiency and effectiveness. ESs provide value by identifying opportunities in operations and assist in mana...