Technology modernization scoring is a method used to evaluate the need for modernization of different technology projects within an organization. It’s a key element in IT modernization and digital transformation strategies. Here are some important aspects:
Value to the Business: The scoring is often based on the value that the project will deliver to the business. This could include factors like potential return on investment, impact on business processes, or contribution to strategic objectives.
Acceleration of Other Initiatives: The score can also consider how each modernization project could accelerate other modernization initiatives. For example, modernizing a foundational system might enable other systems to be modernized more quickly or effectively.
Consistent Scoring Methodology: It’s important to develop a consistent scoring methodology. This helps ensure that all projects are evaluated on a level playing field and makes the scores more meaningful and comparable.
Review and Feedback: The scores should be reviewed, and program offices should be engaged for transparency and feedback. This can help ensure that the scoring accurately reflects the needs and priorities of the organization.
Continuous Process: Modernization should be a continuous process, not a one-time event. Regular scoring and reassessment can help keep the modernization efforts aligned with changing business needs and technology trends.
The exact factors used in the scoring can vary depending on the organization’s specific context and goals. It’s important to tailor the scoring methodology to the unique needs and circumstances of your organization.
Reference scoring:
