Why ITFM Projects Fail, Part II: An IT Cost Modeling Deep Dive
The cost model is the heart of any ITFM program. When it’s working, it gives leaders clear direction on how to cut waste, reinvest […]
Topic: Service Cost Modeling
The Bowtie Effect: Why Detail Matters in IT Financial Management
In the world of IT financial management, it’s not just understanding your IT costs but the operational detail behind them that drives effective decisions. […]
Don’t Miss 2-Day IT Finance Boot Camp
A Strategic Investment for Every IT Finance Professional and Organization In the fast-paced world of IT Financial Management (ITFM), staying ahead of the curve […]
ITFM/TBM Cost Optimization Cheatsheet: 5 Common Tactics & Anticipated Savings
In a recent Gartner survey, cost optimization was cited as the fourth most important objective of ITFM/TBM (out of 12 total). And that’s no […]
6 Rules for Long-term Showback or Chargeback Success
In recent weeks, we’ve covered two crucial topics around the process of building a new showback or chargeback model: the differences between showback and […]
3 Bill of IT Execution Strategies for Showback or Chargeback
There are three core phases necessary to launch a new showback or chargeback and deliver it as a bill of IT. First, the organization […]
Choosing a Cost Model Design & Allocation Methodology
One of the most intimidating aspects of building a cost model is choosing your design and allocation methodology. The ideal approach will vary based […]
5 Tangible Cost Model Use Cases & Business Outcomes
You already know that cost modeling gives you transparency behind service costs. But what can you use that transparency to accomplish? Well, the answer […]
How to Write Airtight Service Definitions for Your Cost Model
The first step in every new cost modeling project is to create a catalog of clearly defined IT services. Your service definitions are crucial […]