IT Business Management IT Business Management offerings help you better manage demand, balance resources, manage agile and waterfall projects, perform budget planning, and map costs to technical and business services. IT runs more like a business unit and aligns better with the rest of the organization. Application Portfolio ManagementUse the ServiceNow® Application Portfolio Management (APM) application to gain a comprehensive understanding of the applications used in your organization so you can identify redundancies, and decrease budgetary costs. By consolidating applications within the same business function, you can identify applications to modernize or upgrade. APM also helps you decide whether to invest, sustain, or replace applications based on the business need aligned towards the organization goal.Project Portfolio Suite with FinancialsThe ServiceNow® Project Portfolio Suite with Financials integrates Financial Management and Project Portfolio Suite.Project Portfolio SuiteProject Portfolio Suite provides a simplified, team-oriented approach to Project Portfolio Management and IT development by combining several individual applications.Financial ManagementUse the ServiceNow® Financial Management application to allocate, track, and report on expenses in your organization.Test ManagementThe ServiceNow® Test Management application provides a tool for manual software testing. Agile DevelopmentThe ServiceNow® Agile Development application is an iterative and incremental process for software development environments. Agile Development application is enhanced with Agile Development 2.0.Release ManagementThe ServiceNow® Release Management application encompasses the planning, design, build, configuration, and testing of hardware and software releases to create a defined set of release components.Cost ManagementThe ServiceNow® Cost Management application tracks configuration item costs. The costs can be allocated to business units and used in reports.