##  Monitor Risks Over Time
Use the IT Component Roadmap report to track the lifecycle of IT components and anticipate potential risks in advance. From the report Settings, cluster the IT components by Application and apply the Lifecycle view. You can filter to focus on Phase out or End of life states effective in the future. This enables you to monitor phase out and end of life risks on an ongoing basis and plan mitigation measures accordingly.
![IT Component Roadmap Report with Lifecycle View](https://help.sap.com/doc/72d375467c1e4dcb872dfa2998b6328d/CLOUD/en-US/loio274cf6f47a441014a53ab1751f83fb8e_LowRes.png)
IT Component Roadmap Report with Lifecycle View
While prioritizing risk mitigation efforts based on business-critical applications is effective, you can also consider additional factors for more advanced insights. This could be focusing on IT components that impact strategic concerns, business capabilities, business units, revenue, or customers among others.
This enables the translation of technical debt into business impact at a strategic level more concretely. However, achieving this requires mature data on costs, processes, data, and their relations mapped to organizational objectives and strategic goals. It is essential to consider whether the insights gained from analyzing this data justify the resources and time invested in collecting and maintaining it.
