Lecture 2:

MANAGING THE APPLICATION

DEVELOPMENT PORTFOLIO
 Managing the Portfolios of IS:

Reason for project proposal:-

 To solve a problem
 Capitalize on an opportunity
 Respond to a directive
 Five C’s to achieve the objective:-

1. Capabilities:
a). Improved processing speed
b). Ability to handle increased volumes.
c). Efficient Retrieval of information.

2. Communication:
a). Enhanced communication: It speeds up the flow of information and
messages between remote location as well as within office.
b). Integration into business areas: Co-ordinating the business activities in
separate areas of organization or some other organization.
3. Control:
a). Greater Accuracy & improved consistency: Carrying out computing steps
including arithmetic operations correctly and in the same way each time.
b). Better Security: Sensitive and important data in a form should accessible
only to the authorized person.

4. Competitiveness:
a). Lock In Customers: Changing the relationship with and services providing
to the customer in such a way that they will not choose to change the supplier.
b). Lock Out Customers: Reducing the competitors which will be able to enter
to the same market because of the way the organization uses information
system.
5. Cost:
a). Cost Monitoring: Tracking the cost of labors, goods, facilities to
determine how actual cost compares with expectation.
b). Cost Reduction: Using computing capabilities to process data at lower
cost than possible with other methods.