Abstract: According to the present invention system and method, an assessment of IT resources is made utilizing a comprehensive approach to assess the relative strengths and weaknesses of IT departments and/or IT resources. One or more assessment professionals, perhaps utilizing (or replaced by) various software modules, formulate an assessment by combining information derived from series of personnel interviews, systems analysis, and acquisition of relevant internal and external data. This assessment is then manually, dynamically, or automatically generated utilizing one or more algorithms. A master scorecard can be used to track and score each of a number of categories related to IT. The raw scores may be (often automatically) subjected to one or more formulae to produce the final assessment.