A Chief Information Officer (CIO) has established a budget for the IT department that allows for 30% of the company's IT infrastructure to be upgraded on an annual basis. The engineer in the IT…

A Chief Information Officer (CIO) has established a budget for the IT department that allows for 30% of the company's IT infrastructure to be upgraded on an annual basis. The engineer in the IT department must identify which equipment requires immediate attention for upgrades, which equipment can function in the near term, and which equipment can be considered in the long term for upgrades. Which of the following describes the policy the engineer must develop?