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Capital Planning and
Investment Control
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One of Savvee's towering strengths
is its knowledge and experience in delivering Capital Planning and
Investment Control (CPIC) support to its
Government clients.
Savvee views CPIC as the systematic approach to
managing the risks and returns of IT investments for a
given mission.
Our consultants use the CPIC process as the
foundation upon which we build our client's IT
Portfolios.
The process consists of gathering reliable data on all
IT investments and setting goals, priorities, and
performance metrics.
The results of following this process has enabled
our clients to acquire, manage, and evaluate their IT
investments, and ensure greater effectiveness in making
IT investment decisions.
The graphical overview of our CPIC
Phase is below:
Some specific objectives we follow include:
• Help the organization achieve
their mission and business objectives effectively
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Align the proposed IT investments
with organizational, strategic, and mission goals
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Balance potential benefits against
costs and risks
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Measure performance and net
benefit for dollars invested
• Provide continuous feedback to
help project managers make decisions on new or
on-going
investments
Savvee has had a history of working
very closely with Government clients and their CPIC
processes.
Our consultants have developed and implemented a CPIC
process for a previous Government client where one did
not previously exist prior to Savvee's support.
In this case, our consultants assisted in the
development and establishment of an Investment Review
Board (IRB).
The mission of the IRB is to review new IT investments,
in the form of business cases, before expending funds
and resources, and serves as an approval authority.
Coinciding with the development of this process,
our consultants also developed and defined an IT
Portfolio solution based on the requirements of our
client.
During the Select Phase of the CPIC process, new
activities and initiatives that exceed a predetermined
threshold are added to the IT Portfolio upon IRB
approval.
Our consultants have developed
proprietary templates to be used by the business unit
program managers as their business case for their CPIC
process.
These business cases are divided into the following
sections:
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Project Charter
•
Analysis of Alternatives
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Funding Profile
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Enterprise Architecture Mapping
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Resource Plan
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Work Breakdown Structure
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Risk Analysis and Mitigation
The design of these business cases
are such that they can be used by the IRB for approval
purposes, but also collect the data necessary to hold up
to an external review, such as by OMB.
Before first implementing the CPIC
process, our team provided extensive workshop training
to the business units to demonstrate how the business
cases were to be completed.
We developed user guides, provided briefings, and
posted supplemental documentation to their collaboration
website and appropriate repositories.
Through feedback from the program managers, as
well as by using industry best practices, and using the
results from the Evaluate Phase of the CPIC process,
Savvee continues to refine the CPIC process and business
case templates as an ongoing effort.
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