IVI Framework Viewer

Representative POMs are described for Data Consistency at each level of maturity.

2Basic

• Practice

  Use multiple databases and some unstructured data sources for IT budget performance analysis.

  Outcome

  Unstructured data compiled from various sources provides initial insights for tracking and reporting activities.

  Metric

  # of databases providing 'data of record'.% of data fields duplicated in more than one database.

• Practice

  Use common budget management terminology within the IT function.

  Outcome

  A common understanding of budget management terminology facilitates some data comparisons in the IT function.

  Metric

  % of employees who understand the common budget management terminology.

3Intermediate

• Practice

  Use multiple databases with structured data for IT budget performance analysis.

  Outcome

  Availability of more structured data leads to a more accurate assessment of budget performance.

  Metric

  # of databases providing 'data of record'.% of data fields duplicated in more than one database.

• Practice

  Adopt a common budget management terminology across all of IT and some other business units.

  Outcome

  A common budget management terminology facilitates comparing like with like across IT and some other business units.

  Metric

  % of employees who understand the common budget management terminology.

4Advanced

• Practice

  Use a coherent suite of data sources for budget performance analysis and regularly audit the data update processes.

  Outcome

  Regular auditing of the suite of data sources further improves the accuracy and reliability of the assessment of budget performance.

  Metric

  Existence of a single unified database for IT budget performance analysis data.

• Practice

  Consistently use the common budget management terminology across the whole organization.

  Outcome

  A common understanding of the terminology between IT and the rest of the business facilitates improved organization-wide communication.

  Metric

  % of employees who understand the common budget management terminology.

5Optimized

• Practice

  Use a single data source (or a coherent suite of multiple sources) with real-time budget performance analysis.

  Outcome

  All IT budget performance data can be accessed in a single database. The analysis process is further improved with real-time data which is always available.

  Metric

  Existence of a single unified database for IT budget performance analysis data.

• Practice

  Share the universal budget management terminology with relevant business ecosystem partners, to enable comparisons of budget performance.

  Outcome

  Benchmarking ensures that there is a focus on the business value derived from budget oversight.

  Metrics

  • % of employees who understand the common budget management terminology.
  • Existence of ‘business value’ comparisons of budget performance.