What factors can be evaluated in a fit gap analysis?

In a fit gap analysis, evaluating severity, priority, and level of effort is crucial for determining how well a solution meets the needs of the organization compared to what is required.

Severity refers to how critical a particular gap is to the project. If a gap has high severity, it means that its resolution is essential for the project's success. Priority reflects the order in which the gaps should be addressed, often based on urgency or impact on the business objectives. Lastly, level of effort indicates the resources—time, budget, and labor—required to close each gap. By assessing these factors, an organization can make informed decisions about where to focus efforts to ensure a successful implementation.

In this context, the other factors mentioned, such as pace and budget, focus more on the project management aspects rather than the specific criteria for evaluating gaps in functional or technical requirements. Similarly, time and resources, while relevant in a broader project management context, do not provide the necessary granularity for prioritizing and addressing system gaps.