Which factors should be assessed during application evaluation?

The assessment of applications during evaluation is crucial for making informed decisions about their lifecycle management. The correct choice emphasizes key factors that play a significant role in understanding how well an application fits within an organization.

Focusing on cost provides insight into the financial implications of maintaining or investing in an application. Performance evaluation helps understand how well the application meets user expectations and business requirements. Risk assessment identifies potential issues that could arise from using the application, impacting the organization's operations. Compliance ensures that the application meets regulatory and legal standards, which is vital for mitigating liabilities. Strategic alignment checks whether the application supports the overall goals and vision of the organization, ensuring that resources are allocated to tools that drive the business forward.

Together, these factors create a comprehensive framework for evaluating applications, allowing businesses to make strategic decisions based on a well-rounded understanding of each application’s value and potential risks.