Managing the IT budget is critical to delivering current and future value. The IT-CMF looks at the practices and tools that can be used to manage your IT budget so that you reduce cost and liberate funds to invest in innovative IT solutions that deliver better value and performance. As you can see from the Managing the IT Budget strategy, the path to a sustainable economic model begins with controlling and managing costs to allow for greater funding in IT investment.
Maturity |
Major Strategies |
|||
|---|---|---|---|---|
Managing the IT Budget |
Managing the IT Capability |
Managing IT for Business Value |
Managing IT like a Business |
|
5. Optimising |
Sustainable Economic Model |
Corporate Core Competence |
Optimizing Value |
Value Centre |
4. Managed |
Expanded Funding Options |
Strategic Business Partner |
Options & Portfolio Management |
Customer / Service Focus |
3. Defined |
Systemic Cost Reduction |
Technology Expert |
ROI & Business Case |
Customer / Service Orientation |
2. Repeatable |
Predictable Performance |
Technology Supplier |
TCO |
Cost Centre |
1. Initial |
Beginning |
Beginning |
Beginning |
Beginning |
Source: Martin Curley, Intel / National University of Ireland
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