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- IT Capability Assessment-Value Matrix
IT Capability Assessment-Value Matrix
The IT Capability Assessment-Value Matrix is a tool used to assess the value of IT capabilities in a business. It is a 2x2 matrix that divides IT capabilities into four categories: High Value, Low Value, High Risk, and Low Risk.
At a very high level, the IT Capability Assessment-Value Matrix is used in the context of business, it, capability assessment.
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- Product Life Cycle Matrix
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- Program Management Maturity Matrix
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What is the IT Capability Assessment-Value Matrix?
A visual explanation is shown in the image above. The IT Capability Assessment-Value Matrix can be described as a matrix with the following quadrants:
- High Value: IT capabilities that are both valuable and low risk, such as cloud computing.
- Low Value: IT capabilities that are not valuable and low risk, such as legacy systems.
- High Risk: IT capabilities that are valuable but high risk, such as artificial intelligence.
- Low Risk: IT capabilities that are not valuable and high risk, such as blockchain.
What is the purpose of the IT Capability Assessment-Value Matrix?
The IT Capability Assessment-Value Matrix is a tool used to assess the value of IT capabilities in a business. It is a 2x2 matrix that divides IT capabilities into four categories: High Value, Low Value, High Risk, and Low Risk. The High Value quadrant contains IT capabilities that are both valuable and low risk, such as cloud computing. The Low Value quadrant contains IT capabilities that are not valuable and low risk, such as legacy systems. The High Risk quadrant contains IT capabilities that are valuable but high risk, such as artificial intelligence. The Low Risk quadrant contains IT capabilities that are not valuable and high risk, such as blockchain.
The IT Capability Assessment-Value Matrix is used to help businesses assess the value and risk of IT capabilities and make decisions about which capabilities to invest in. It can also be used to identify areas of improvement and prioritize IT initiatives.
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What templates are related to IT Capability Assessment-Value Matrix?
The following templates can also be categorized as business, it, capability assessment and are therefore related to IT Capability Assessment-Value Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.
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