Task: Evaluate Components
Provide additional information for each component and evaluate them from quantitative and qualitative points of view.
Disciplines: Abstract
Purpose
To ensure that the required information is available for each component and that components that do not meet minimum criteria are eliminated, so that only qualified components that add value are allowed to proceed through the portfolio selection process.
Main Description

Develop and capture the expected value contribution of each component in both quantitative and qualitative terms. The completion of this task might require several review cycles where additional information might be required from the idea or request initiator.

Several predefined analysis techniques and portfolio measurements are used to ensure consistent and predictable evaluations of components, depending on the work pipeline that the component has been assigned to.

During the evaluation process, consider the following dimensions to evaluate each component:

  • Fit with business strategies and objectives
  • Fit with product roadmap
  • Fit with technology roadmap
  • Financial and value contribution
  • Compliance and regulatory imperatives
  • Architectural and technical considerations
  • Risk impact analysis
  • Market forces and drivers

A successful outcome of this task is a validated and qualified list of candidate components for inclusion in the portfolio. This list is used as input when selecting components to be included in the portfolio.

Key Considerations

The evaluation dimensions to be used (such as work pipelines) depend on the type of components being evaluated. See Work Pipeline for more information.