IVI Framework Viewer

Representative POMs are described for Funding Levels at each level of maturity.

1Initial

• Practice

  Determine funding levels on a best endeavour basis.

  Outcome

  There is little understanding of IT funding except as a cost of doing business.

2Basic

• Practice

  Base funding levels on last year' budget with some adjustment.

  Outcomes

  • The annual budget is the same as last year +/- targets.
  • IT has limited involvement in funding decisions.

  Metric

  % funding based on last year.

3Intermediate

• Practice

  Review overall funding level annually and adjust based on IT strategy and some defined IT improvement opportunities.

  Outcome

  Funding of IT becomes more aligned with IT's strategic and opportunistic goals.

  Metric

  % funding linked to IT initiatives.

4Advanced

• Practice

  Define funding levels informed by business strategy and industry benchmarks.

  Outcome

  IT funding in line with industry norms.

  Metric

  % funding linked to external benchmarks.

5Optimized

• Practice

  Develop and utilize extensive (industry) benchmarks, directly correlated to risk/return objectives, as a key input for setting funding levels.

  Outcome

  Objective benchmarking of IT funding levels avoids over or under investment based on industry norms.

  Metric

  Funding levels directly correlated to return/risk objectives.

• Practice

  Set funding levels for development projects based on strategic aspirations, led by business strategy.

  Outcome

  IT is viewed as a strategic partner, consistently demonstrating improved returns.

  Metric

  Funding levels directly correlated to return/risk objectives.

• Practice

  Set funding levels for operational costs based on industry benchmarks and detailed quality aspirations, led by business strategy.

  Outcome

  IT is viewed as a strategic partner, consistently demonstrating improved returns.

  Metric

  Funding levels directly correlated to return/risk objectives.