Gartner Research

CPM Budgeting, Planning and Forecasting Solutions for IT

Published: 27 August 2008

ID: G00160368

Analyst(s): John Van Decker

Summary

Many IT organizations are moving away from spreadsheet-based tools for the development of budgets, plans and forecasts. Budgeting, planning and forecasting solutions from corporate performance management systems provide more rigor and a controlled environment.

Table Of Contents
  • What types of solutions are companies using for IT BP&F?
  • Our company is interested in CPM, but we see it as a longer-term initiative. Is IT bringing in separate CPM budgeting products ahead of an enterprise solution? What should be our decision drivers for this?
  • What major functional components of leading CPM-based planning applications can be used for IT?
  • Why should we look to the CPM market for IT BP&F applications? Are there stand-alone IT budgeting specialists we should consider?
  • We use a project portfolio management (PPM) solution, within which we create projections and take spreadsheet extracts for budgeting. Should we integrate a new solution into the project system or perform all project budgeting in the new system?
  • Are there thresholds or sizing "rules of thumb" that should be used when selecting a CPM solution for IT? Is there a point at which we need to go to a formal solution and to get off Excel?
  • Many applications in the CPM suite offer business value for the future. However, we may want to use metrics projects at the same time and dashboard/scorecard products within these CPM suites. What's the best way to roll out an IT-based CPM project?
  • What products have significant use in IT for BP&F?
  • How connected to enterprise BP&F do we need to be?
  • Are some tools better for project-based planning, organizational planning and business application planning?

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