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COV ITRM Glossary


Decision Criteria


A documented set of factors that are used to examine and compare the costs, risks, and benefits of various IT projects and systems. These decision criteria consist of (1) screening criteria, which are used to identify whether new projects meet initial acceptance requirements and ensure that the project is reviewed at the most appropriate organizational level, and (2) criteria for assessing and ranking all projects. These ranking criteria weigh and compare the relative costs, risks, and benefits of each project against all other projects.



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