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Establish a quantitative baseline on the efficiency and effectiveness of the current application landscape so that prudent management decisions, in terms of current and future application development, application phase-out or remediation (e.g., re-write), can be made
Ensure proper Business-IT alignment (i.e., IT is working on those things that business values the most)
Prioritize the applications that need attention
Determine the several management options for undertaking the application value improvement initiatives