What is the aim of conducting a feasibility study in APM?

Conducting a feasibility study in Application Portfolio Management (APM) primarily aims to evaluate the potential return on investment (ROI) of a project. This is crucial for decision-making, as organizations need to ensure that the resources allocated to a particular application or project will yield benefits that outweigh the costs involved. The feasibility study assesses factors such as technical, operational, and financial aspects, helping stakeholders understand the viability of a project before it is pursued.

By focusing on ROI, the feasibility study facilitates informed decisions regarding which applications to invest in or divest from, ultimately contributing to the optimization of an organization's application portfolio. This strategic approach helps ensure that initiatives align with business objectives, making it a pivotal part of effective APM.