Application strategy Formulate your decisions and align them with your organizational goals as Application Portfolio Management collects metrics on applications across various dimensions. An application strategy portal takes you through a step-by-step process to identify opportunities to cut down the cost and create strategies for applications. It helps you to: Decide which application to invest, consolidate, migrate, sustain, replace, or retire based on the organization goals, application score, or indicator scores. Create strategic goals and track ideas and programs. For example, you can set a goal and create a program to cut down the capital expense (CAPEX) of an application by 40%. Estimate or determine the applications assessment scores. For example, if an application score is low because of low business value and low customer satisfaction, then you can initiate an idea to invest in the application. Create a goal for an application strategyAfter assessing the applications and deciding on strategies, set concrete goals to maximize or minimize depending on the indicators for the selected fiscal period.Create a program for an application goalAfter you create a goal, you must have a program to achieve the goal that you created. Create a program, link it to the goal, and associate a program manager to the program.Guided plan to execute a programAfter you create a program, you can use the guided plan to formulate steps in executing the program that you have created.Create a guided plan to execute a programCreate a guided plan by setting goals, identifying opportunities, creating demands, and tracking the projects to implement the program that you created.Identify application strategies with bubble chartsBubble charts are interactive graphs that help you identify strategies by plotting application indicator scores. You can evaluate applications for a category and decide whether to invest, sustain, or to replace an application by configuring multiple combinations of indicators in the bubble chart.