Scope, Granularity, and Sophistication
Establish budget tracking and forecasting approaches (for example, single versus multi-year analysis).
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for Scope, Granularity, and Sophistication at each level of maturity.
- 2Basic
- Practice
- Track and oversee IT budget performance for a limited number of larger projects and budget categories within the current period.
- Outcome
- Oversight and performance analysis can be performed at the project level.
- Metric
- % of projects with budget analysis reported.
- Practice
- Perform in-period IT budget performance forecasting of a limited number of large projects and some budget categories.
- Outcome
- Analysis provides insights into in-period trending of larger projects and some budget categories.
- Metric
- % of projects with budget analysis trended.
- 3Intermediate
- Practice
- Perform in-period tracking and oversight of most projects and budget categories.
- Outcome
- There is greater stakeholder visibility of performance against the budget.
- Metrics
- % of projects with budget analysis reported.
- Size of budget variance.
- Practice
- Perform in-period IT budget performance forecasting of most projects and budget categories.
- Outcome
- Analysis provides insights into in-period trending of most projects and budget categories. There is greater stakeholder visibility of expected performance against the budget.
- Metrics
- % of projects with budget analysis trended.
- Size of budget variance.
- 4Advanced
- Practice
- Perform multi-year tracking and oversight (using appropriate automation) of all qualifying projects and budget categories.
- Outcome
- More accurate analysis is available to management in a more timely manner.
- Metrics
- % of projects with budget analysis reported.
- Size of budget variance.
- % of projects meeting expected TCO.
- % of projects meeting expected ROI.
- Practice
- Perform multi-year forecasting and trending (using appropriate automation) of all qualifying projects and budget categories.
- Outcome
- More accurate analysis is available to management in a more timely manner.
- Metrics
- % of projects with budget analysis trended.
- Size of budget variance.
- 5Optimized
- Practice
- Optimize multi-year tracking and oversight across all budget categories and projects.
- Outcome
- Real-time information is always available for analysis. Multiple views of the data to facilitate decision-making at different levels of the organization is provided. The ability to query on a real-time basis allows management to make decisions based on fact rather than assumptions.
- Metrics
- % of projects with budget analysis reported.
- Size of budget variance.
- % of projects meeting expected TCO.
- % of projects meeting expected ROI.
- Practice
- Optimize multi-year budget performance forecasting across all budget categories and projects.
- Outcome
- A link is established between the output of the IT budget oversight process and strategic decision-making regarding costs, future allocations, and project prioritization. Management have the ability to make decisions quickly since real-time information is always available for analysis.
- Metrics
- % of projects with budget analysis trended.
- Size of budget variance.