The Product Retirement Plan provides a detailed roadmap to retire a product, system or application. It includes how the hardware, software, data and documentation associated with the system or application will be detached from production and archived or migrated to backup status.

It also identifies how users and support personnel will be notified to retire the system and associated activities.

The retirement strategy is identified for both hardware and software, as well as how the information will be archived or retired, and data migrated.

The Product Retirement Plan contains the following topics:

      Product or system information
      Reason for retirement
      Costs and benefits
      Any assumptions
      Dependencies or constraints
      List of stakeholders
      Risks
      Implementation dates.

Scroll down to the IT Product Retirement Plan example below.