Gartner Information Technology Research

Build a Focused ITFM Cost Model and Use a Simple Allocation Approach to Deliver Rapid Value

Published: 07 February 2020

ID: G00465201

Analyst(s): Robert Naegle, Chris Ganly

Summary

CIOs can accelerate the success of IT finance cost transparency initiatives by narrowing their focus to a single audience and stakeholdersā€™ most pressing question on spend, value, demand and compliance. Then define a cost model and an allocation method to deliver immediate answers.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Confirm and Document the ITFM Program Priority Objective
  • Leverage Existing Systems, Including the General Ledger When Possible
  • Deliver Rapid Insight ā€” Simplify Allocations to a Fit-for-Purpose Cost Model

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