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Budget Governance

C1

Establish oversight structures and decision rights to set IT budgets and manage allocations.

Improvement Planning

Practices-Outcomes-Metrics (POM)

Representative POMs are described for Budget Governance at each level of maturity.

1Initial
  • Practice
    Rely on the best endeavours of assigned personnel.
2Basic
  • Practice
    Monitor key budget processes.
    Outcome
    Some basic IT budget governance is in place.
    Metric
    % of budget related processes actively monitored.
3Intermediate
  • Practice
    Put a formal IT budget governance structure in place with Finance function support.
    Outcome
    Reasonable governance structures exist, with IT personnel benefitting from Finance budget expertise.
    Metric
    Availability of a current IT budget oversight report.
4Advanced
  • Practice
    Develop the IT budget governance structure to facilitate managing re-assignments within budget cycles.
    Outcome
    Established flexible governance structures exist, facilitating changes when appropriate.
    Metrics
    • No. of budget changes per Qtr.
    • Budget oversight reports showing re-assignment where appropriate.
5Optimized
  • Practice
    Identify and communicate budget governance improvement opportunities across the business ecosystem.
    Outcome
    Robust and continually improved budget governance structures exist.
    Metric
    Stakeholder confidence in IT ability to deliver on budgeting.