1) Faculty of Economics, University of Kragujevac, Djure Pucara Starog 6, 34 000 Kragujevac, Serbia, e-mail: arsovski@infosky.net 2) Faculty of Mechanical Engineering, University of Kragujevac, Sestre Janjic 6, 34 000 Kragujevac, Serbia, e-mail: cqm@kg.ac.yu A NEW APPROACH TO MANAGING APPLICATION DEVELOPMENT FROM ASPECTS OF QUALITY Zora Arsovski 1) , Slavko Arsovski 2) , Miladin Stefanovic 2) Abstract: Objectives and methodologies for application development are derived from the business goals and financial factors, and many include productivity, flexibility and quality goals. According to V-diagram, next steps are identification and modeling for business process, business entities and design of ICT (Information and Communication Technology) infrastructure. Many of these elements completely or partly already exist in organizations. They depict existing knowledge and usage of methods in organizations, which should be performed in order to achieve effective and efficient managing application development. Long experience of authors in design on information systems and quality systems points that large overlapping exists between these development methodologies. It was the main reason that motivated authors to develop a new approach of integrated development of information systems, mainly application development, and quality management systems (QMS). This approach is tested in several organizations in the field of production. In this paper we presented a basic of a new approach for application development based on processes and QMS. Several characteristic solutions of process model and data model are presented. New application could be developed based on these examples, using modern CASE tools. Key words: application development, QMS 1. INTRODUCTION Application development process in organization is the result of many previous activities mostly in the field of strategic planning for information systems and usage of existing methods [ ]. This process is accompanied with risk. Portfolio of application is presented on the figure 1. Application portfolio could be divided in the four groups according to aspects of risk management: strategic, high potential, key operational and support. Authors’ experiences are mostly in the field o application development with high risk as well as application development with known and low risk. The new approach for obtaining the business benefits of applications is presented in this paper. Figure 1. Application portfolio form aspect of risk management