Cost Estimating Guide
This cost estimating guide provides a framework, based upon best practices, that can be modified to develop, evaluate and manager IT investments' cost estimates.
We developed the Cost Guide in order to establish a consistent methodology that is based on best practices and that can be used across the federal government for developing, managing, and evaluating capital program cost estimates.
For the purposes of this guide, a cost estimate is the summation of individual cost elements, using established methods and valid data, to estimate the future costs of a program, based on what is known today. The management of a cost estimate involves continually updating the estimate with actual data as they become available, revising the estimate to reflect changes, and analyzing differences between estimated and actual costs—for example, using data from a reliable earned value management (EVM) system.
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Where is the fat? If HP has it right, then this article shows you the places where you can cut IT fat. Ever seen a blind man cross the road..? – or is that just Exco (The executive committee) trying to decide on the IT budget? This document details a framework for developing an information technology strategic plan. An improved method for measuring Total Cost of Ownership of data center and network room physical infrastructure and relating these costs to the overall Information Technology infrastructure Cost management is still a top priority. However, making meaningful cost reduction without affecting performance is easier said than done. This article discusses "a structured and pragmatic approach to zero-basing can help achieve sustainable cost ... This paper provides the results from two total cost of ownership (TCO) based studies to make a case for migrating from mainframes to open system alternatives.
This case study demonstrates the detailed step-by-step process used by a professional services firm to optimize enterprise IT Operations. The approach is two pronged: 1) align operations with business objectives 2) optimize operations based upon a be... This series of papers provides practical guidance on managing IT costs. CIOs strive for greater efficiency but not at the cost of effectiveness. So, how does one reduce costs while increasing performance, and innovation? Read this guide! (100 pages) Cloud computing business case to justify based on return on investment (ROI) and total cost of ownership (TCO) This presentation details a business focused cost optimization framework for the C-suite. CIOs can understand how business value drives cost management - cut fat, not muscle - and adapt this framework for their IT Organization. Excellent Read! Need a list of cost saving drivers? Read On... The pressure is on IT departments to cut costs. But if you came to me with a cost-cutting plan which includes suggestions from various IT experts of: “virtualisation, removing data duplication, WAN optimisation, installing air economisers, and using... What is a Cost Benefit Analysis without risk? Worthless!! Read On... Let’s face it. An IT organization that has to justify its budget as a “cost center” has lost the respect of the business community somewhere along the line. The authors argue that "human costs" are often left out of total cost of ownership (TCO) calculations thereby leading to inaccurate analysis and results.
ICT Business case guide (Cost Estimation and Risk Management) provides instructions on using the ICT business case template to justify, and monitor it investments. This strategic and operational plan defines the vision, goals, objectives, strategies and operational plans to support information technology adoption. It provides a roadmap to move the organization from its current capabilities to its vision. This comprehensive example demonstrates the process of conducting an IT Assessment and using it to drive a strategic plan for information technology (IT) that optimizes costs while driving the organization's business strategy. (150 pages) IT Business case example provides an example of performing a cost benefit analysis to support funding of IT investments.
IT Business case guide provides a primer on performing a cost benefit analysis to support funding of IT investments.
IT Business case template can be used to perform a cost benefit analysis to support funding of IT investments. IT Business case template can be used to perform a cost benefit analysis to support funding of IT investments.
IT Business Case Template with step by step guide you can use to assess value of IT projects - costs, benefits, and risks.
Of late, there is a lot of emphasis on IT ROI. While this is commendable, extending this argument to convert the IT Organization into a profit center is taking it to another extreme. For example, are HR, finance, and marketing profit centers? Why no... This paper discusses information technology cost management (IT Cost Management) from both a theoretical and practical perspective. It discusses IT cost management frameworks, and their application in industry. This paper presents a high level overview of IT cost optimization for CIOs - cut costs without affecting innovation or business transformation. What is cost optimization? Why is it important? What is the key challenges in cost optimization? What are ... This presentation provides an IT cost reduction model that drives IT cost saving strategies. IT Executives Cutting Budgets and Consolidating Assets in 2008 This is a fill in the blanks template, with instructions, to create an IT strategy plan. CIOs can use this as a starting point and modify the outline to suit the unique requirements of their IT Organization. An excellent resource for the CIO. This comprehensive report details the analysis and findings to reduce costs using IT strategy. An excellent example of IT Cost Optimization that a CIO can use as a template to tune their own IT Organizations and use IT to cut costs in the business. E... Do you want to use EVA to make a business case for IT Spending? Read On... This cost estimation guide provides invaluable information on cost estimation - throughout a project's lifecycle and its connection to other levers of value creation such as risk. This paper discusses managing information technology as a business - not a supplier or cost center but a fully functioning business value creator. This whitepaper discusses using service resource planning to leverage IT resources for maximum business value — "both for your IT business and the wider business that IT serves." This guide presents a framework to evaluate, select and fund information technology investments to maximize measurable performance and demonstrate business results. CIOs are caught in a vicious circle of "cost cutting" begetting more cost cutting expectation! How can you get out front and demonstrate IT's value? Often, the emphasis is on creating an IT Strategy. Before you do, understand the context of IT Strategy i.e. what is its role and scope. This paper illustrates an organizational process for managing IT investments and measuring the business value of those investments by drawing on the experiences of Holy Cross Health System. This white paper provides a primer on IT Cost Optimization - how to run IT like a lean, mean, fighting machine. It identifies areas to focus on, and the step by step process to follow for each. Excellent discussion for the CIO wants to get "the bigge... This IT Cost optimization guide provides ideas to achieve "Rapid, Radical & Sustainable IT Cost Improvements" Why do big IT Projects fail? There are many reasons. Mismanagement, new technology and immature IT Organization are amongst them. However, the most frequent reason for large project failure is organizational dynamics or politics. The IT function should be at the heart of an organization’s efforts to reduce the cost of conducting business. Here’s what CIOs and other business leaders should focus on. Does IT ROI matter? Great many intelligent people are spending sleepless nights and countless dollars calculating IT ROI. The author argues that they are wasting their time and shareholder dollars!
Posted on 03/02/2011 by