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Definition Edit

In the Select/Control/Evaluate approach to IT investment:

In the Select Phase, the costs and benefits of all available projects are assessed and the optimal portfolio of projects is selected. During the Control Phase, the portfolio is monitored and corrective action is applied where needed. In the Evaluate Phase, implemented projects are reviewed to ensure that they are producing the benefits expected and adjustments are made where appropriate.[1]

References Edit

  1. A Practical Guide to Federal Enterprise Architecture, at iv n.5.

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