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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.

2Basic
  • Practice
    Establish compliance/audit-orientated IT budget oversight structures, primarily driven by the Finance and/or legal functions.
    Outcome
    Some basic IT budget governance is in place.
    Metrics
    • % of budget-related processes actively monitored.
    • # of budget changes per quarter.
3Intermediate
  • Practice
    Establish performance orientated IT budget governance structures, staffed by the Finance and IT functions.
    Outcome
    Reasonable governance structures exist, with IT personnel benefiting from the Finance function's budgeting expertise.
    Metrics
    • % of budget-related processes actively monitored.
    • # of budget changes per quarter.
4Advanced
  • Practice
    Provide cross-functional staffing for governance of the IT budget and ensure it is fully integrated with appropriate governance functions of the wider organization.
    Outcome
    Flexible governance structures exist that facilitate changes when appropriate.
    Metrics
    • % of budget-related processes actively monitored.
    • # of budget changes per quarter.
5Optimized
  • Practice
    Continually improve governance structures based on prior experience and on regular input from relevant business ecosystem partners.
    Outcome
    Robust and continually improved budget governance structures exist.
    Metrics
    • % of budget-related processes actively monitored.
    • # of budget changes per quarter.