Category: 05 Program Funding

Ensure the availability of adequate and sustainable financing to support the data management program.

Program funding processes enable sustainable financial support, based on overall benefits and costs. In addition, they define the allocation method for distributing costs among business sponsors and projects, and facilitate stakeholder alignment on data management funding. Program funding defines the framework used to evaluate and prioritize business cases (e.g., total cost of ownership, total lifecycle […]

1. Priorities and criteria for both discretionary and nondiscretionary investment are established and followed. 2. Sustainable program funding methods for making cost and benefit allocations, managing expenditures, and establishing priorities are defined and followed. 3. Program funding reflects business objectives and organizational priorities.

1. Is there an approved set of investment criteria and priorities for data management? 2. How does data governance provide oversight for data management funding? 3. Was the program funding approach developed, evaluated, and approved by relevant stakeholders? 4. Does the funding model reflect the organization’s business models, priorities, and financial decision processes? 5. Are […]

Business Case contains more information on making prudent financial decisions that will ensure the sustainability of data management. Data Management Strategy provides information on creating the organization’s vision and strategy to guide its plans and decisions for managing corporate data assets. Governance Management and Data Management Function give more information on the ownership, stewardship, and […]

[tabby title=»Performed»] Data management projects are funded on the basis of cost-benefit analyses. EExample Work Products Data management project budgets Data management funding approvals Funding requests that include cost-benefit analysis [tabby title=»Managed»] 2.1 Data management initiatives are financed based upon funding criteria addressed by the business case. Program funding is reviewed based on business cases, […]