What Is Application Portfolio Rationalization

Application portfolio rationalization is the act of streamlining the existing application portfolio with an explicit goal of improving efficiency, reducing complexity, and lowering Total Cost of Ownership by: … Eliminating redundant applications.

What is application rationalization?

Application rationalization is the effort to strategically identify business applications across an organization to determine which should be kept, replaced, retired, or consolidated.

What is Project rationalization?

Project portfolio rationalization is a portfolio based approach to the governance or management of an organizations projects. … In other words, a project’s value to the organization is measured in context of the returns generated by the entire portfolio.