Applications Inventory and Attributes

Description — The date on which the application's inventory record was most recently reviewed and validated for accuracy by its named IT Application Owner.

Benefit(s) — The primary data quality signal for the inventory. A record not reviewed in 12 or more months is likely stale and may be producing inaccurate cost, risk, and governance reporting. Enables systematic identification of records requiring refresh before they become the basis for consequential governance decisions.

Source — Manually Entered — updated by the IT Application Owner at each governance review.

Description — The date on which the application's inventory record is next due for owner review and validation — maintained as a future-dated commitment, not an after-the-fact record.

Benefit(s) — Transforms inventory review from a reactive, ad hoc activity into a scheduled governance obligation, enabling proactive identification of upcoming review obligations and systematic data quality management across the full portfolio.

Source — Manually Entered — set at time of last review, targeting the next review cycle.

Description — The date on which the application last underwent a significant technical, operational, or organizational change — such as a major version upgrade, a hosting environment migration, an ownership transfer, or a significant scope or user base change.

Benefit(s) — Provides a leading indicator of application activity and evolution. Applications with no significant change over many years may be candidates for rationalization review. Recently changed applications warrant heightened governance attention to ensure their inventory records remain current.

Source — Manually Entered.