A computer-based method for managing a plurality of computer components in an organization is provided. The method is implemented using a Component Manager (CM) computing device. The method includes receiving, from a stakeholder computing device, component data for at least one computer component of the plurality of computer components. The method also includes storing the component data in a memory block in the memory device. The method further includes assigning a first lifecycle classification, a domain, and at least one stakeholder to the at least one computer component by updating the memory block in the memory device. The method also includes causing the stakeholder computing device to electronically display an interactive dashboard that includes a graphical representation of the at least one computer component. The method further includes prompting a stakeholder to update a component utilization scheme for the computer component, by electronically displaying the graphical representation.