IVI Framework Viewer

Scope, Granularity, and Sophistication

A1

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.