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

1Initial

• Practice

  Rely on the best endeavours of assigned personnel.

2Basic

• Practice

  Define a basic monitoring process for some budget categories.

  Outcome

  A basic monitoring process can be applied to capture actual spend compared to budget, for some budget categories.

  Metric

  % of budget categories with actual spend captured and reported.

3Intermediate

• Practice

  Monitor and systematically report any IT budget variances to both the IT & Finance functions.

  Outcome

  Monitoring processes allow budget variances to be seen and highlighted to the IT and Finance functions.

  Metric

  % of budget categories with actual spend captured and reported.

4Advanced

• Practice

  Monitor and systematically report on IT budget variances to all stakeholders.

  Outcome

  Embedded processes ensure IT budget performance is proactively monitored and reported.

  Metric

  % of budget categories with actual spend captured and reported.

5Optimized

• Practice

  Actively manage monitoring of the IT budget to provide business value.

  Outcome

  Regular monitoring of the IT budget performance by the organization and active management by IT, provides budget headroom for investment in innovation.

  Metric

  % of budget categories with variances actively managed and reported on.