What is the first step in conducting Gap Analysis?

The first step in conducting Gap Analysis is to create a matrix that includes all Architecture Building Blocks of both the current and target architectures. This matrix serves as a critical tool for analyzing the differences between the existing state (current architecture) and the desired future state (target architecture). By having a clear and organized representation of the components involved, it allows stakeholders to identify areas where the current architecture does not meet strategic goals or operational requirements.

This matrix not only facilitates a structured way to compare the two architectures but also helps in pinpointing specific gaps—whether they are in capabilities, resources, technologies, or processes. The identification of these gaps enables organizations to develop targeted strategies for improvement and increases the effectiveness of the overall gap analysis.

The other options, while potentially useful in their own contexts, do not represent the initial step in a Gap Analysis process. While drawing a visual map or listing stakeholders may provide context or support the process later on, they do not directly contribute to the foundational analysis of the architectural components that is essential for identifying gaps. Similarly, creating a report on current expenses could be an important aspect of understanding the overall environment but does not serve as the primary analytical framework for Gap Analysis itself.