IVI Framework Viewer

Representative POMs are described for Business Plan Development at each level of maturity.

1Initial

• Practice

  Use last years actuals with adjustments for major items.

  Outcome

  A basic plan results however it may not address all of this years challenges.

  Metric

  # of budget items which are different from last years actuals.

2Basic

• Practice

  Develop some elements of prioritization in the plan, particularly in relation to operational and any major technology issues.

  Outcome

  The plan covers operational costs but also identifies key technology initiatives.

  Metric

  # and % of prioritized initiatives implemented.

3Intermediate

• Practice

  Ensure there is input from some business unit stakeholders into the budget planning process.

  Outcome

  A plan is developed with greater coverage that enables the implementation stages of the plan to be more effective.

  Metrics

  • # of IT and business assumptions and estimates.
  • # of quality review meetings.

4Advanced

• Practices

  • Develop priorities and assumptions jointly between IT and rest of the business.
  • Ensure planning participants having sufficient experience, authority, and competence to contribute.

  Outcome

  The plan has more organization-wide acceptance and is perceived as a contributor to overall Business Planning.

  Metrics

  • # of plan drafts.
  • Checklist: What quality criteria are specified in the plan?
  • # of IT and business requirements.

5Optimized

• Practice

  Validate plan estimates and assumptions using economic modelling tools and input from all relevant stakeholders.

  Outcome

  A better aligned and more accurate plan is in place.

  Metrics

  • % of contingency budget used.
  • # of approval cycle submissions.