1. A method for managing a service oriented architecture (SOA) shared service comprising: identifying a SOA shared service that is in need of a revision; developing a revision procedure to address the SOA shared service by performing the following: analyzing a service history to determine if a prior version of the SOA shared service exists; determining if the prior version of the SOA shared service is compatible to operate with a set of standards and formats of the revision procedure; and implementing the revision procedure for the SOA shared service based on the developing, whereby a modified version of the SOA shared service is created in the case that the prior version of the SOA shared service is compatible to operate with the set of standards and formats of the revision procedure, and a new SOA shared service is developed in the case that the prior version of the SOA shared service is incompatible to operate with the set of standards and formats of the revision procedure.