When assessing recovery options for both technology and workarea, we recommend creating an options comparison chart with the following evaluation criteria:
- Costs (1x, Recurring, ATOD)
- Lead Time to Implement
- Shared Risks
- Solution Complexity
- Burden of Obsolescence
- Ability to Meet Recovery Objectives
These criteria can be evaluated and scored with a relative value, such as High, Neutral, Low or a tailored value for each criteria, such as Most Complex, Neutral, Least Complex, etc.
Simply as an example, the final “scorecard” might look something like this:
Each value may bear farther explanation and justification, but the summary is nice to display in a side-by-side comparison format.
If you want a more detailed explanation of any of the Evaluation Criteria or want to suggest others to include in a full analysis, please feel free to share your thoughts by entering a comment.