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 […]
Topic: Service Cost Modeling
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 […]
3 Key Capabilities Every Service Cost Model Should Include
If you’ve made the decision or have been tasked with building a cost model, it’s likely your organization and its stakeholders seek a deeper […]
How to Defend and Socialize Your New IT Cost Model
As IT Finance practitioners and practice leads, we can all agree that cost modeling (aka service costing) is the key to truly evaluating costs […]
5 Ways CIOs and IT Leaders Reap Value from Cost Modeling
From a high-level perspective, the value of cost modeling is relatively simple: it brings full transparency to service costs so they can be measured, […]
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