LSR Questions Flashcards
1
Q
What two common activities result in the creation of legacy systems?
A
Technology Refresh
Merger/Acquisitions
2
Q
Name six business drivers for retiring legacy systems.
A
Cost Reduction
Aging Workforce
Regulatory Compliance
Lost Data Value
Industry Requirements
Retention Management
3
Q
What are the three types of data contained in legacy systems?
A
Analytic Data
Regulated Data
Historic Data
4
Q
What four components are evaluated during the Data Review stage of a decommissioning project?
A
Compliance
Operational Requirements
Audit
Legal Hold
5
Q
What is the industry average of IT budget spent to maintain legacy systems/applications?
A
72%
