Chapter

Total Cost Management Framework (TCM)
Total Cost Management Framework

The Total Cost Management Framework (TCM) category in our CIO Reference Library is a curated collection of resources, articles, and insights focused on providing IT executives and other professionals with a comprehensive understanding of TCM and its application in managing the total cost of IT investments.

The Total Cost Management Framework is a comprehensive approach to managing the total cost of IT investments. It provides a structured framework for evaluating the costs and benefits of IT investments, managing project budgets, and ensuring that IT investments are aligned with business goals and objectives.

This category covers a wide range of topics related to TCM, including:

  • Overview of TCM: This includes an introduction to the TCM framework, its components, and its application in managing the total cost of IT investments.
  • TCM methodology: This includes an overview of the TCM methodology, which provides a step-by-step approach to evaluating the costs and benefits of IT investments and managing project budgets.
  • TCM models: This includes an overview of different TCM models, such as the Total Cost of Ownership (TCO) model, the Return on Investment (ROI) model, and the Cost-Benefit Analysis (CBA) model.
  • TCM analysis: This includes an overview of the analysis that is involved in evaluating the total cost of IT investments, such as assessing the direct and indirect costs, benefits, and risks of the initiative.
  • TCM and IT investment: This includes an overview of how TCM can be used to manage the total cost of IT investments, improve their alignment with business goals and objectives, and optimize their value.

By exploring the TCM category, IT executives and other professionals can gain a comprehensive understanding of the framework and its application in managing the total cost of IT investments. This knowledge can help organizations to make more informed decisions about their investments, improve their alignment with business goals and objectives, and ultimately create more value for their stakeholders.

Total Cost Management Framework

This is the guide to the Total Cost Management (TCM) Framework – an integrated approach to project, program and portfolio management. Total Cost Management (TCM) is the sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets.

June 18, 2012

Please login to unlock all 1 posts in Total Cost Management Framework (TCM)

Featured

Please visit the CIO Wiki for comprehensive coverage of IT Management terms and concepts.

Join The Largest Global Network of CIOs!

Over 75,000 of your peers have begun their journey to CIO 3.0 Are you ready to start yours?
Mailchimp Signup (Short)