Two frameworks come up constantly in application strategy: the TIME model and the 6 Rs of cloud migration. They're often confused, but they answer different questions — and work best together.

TIME answers "what should we do with this application?" — Tolerate, Invest, Migrate or Eliminate, based on value and technical health. The 6 Rs answer "how do we move this application to the cloud?" — Rehost, Replatform, Repurchase, Refactor, Retire or Retain.
TIME is the strategic decision; the 6 Rs are the migration tactic that follows. You decide an application is worth keeping and moving (a TIME "Migrate" or "Invest"), then choose the right R to get it there.
Jumping straight to the 6 Rs risks migrating applications you should have retired. Run the TIME assessment first so you only spend migration effort on applications that earn it.
The Applications Assessment & Rationalisation Toolkit scores your estate and places every app on the TIME quadrant, so your cloud migration effort goes only where it's justified.