Topic 3 - Enterprise Architecture - Investment Planning PDF

Topic 3 Enterprise Architecture The Role of Investment Planning and Project Management INFO7018 – Enterprise Architecture The Context: Key Term - Capital Planning The management and decision-making process associated with the - planning - selection - co...

Topic 3 Enterprise Architecture The Role of Investment Planning and Project Management INFO7018 – Enterprise Architecture The Context: Key Term - Capital Planning The management and decision-making process associated with the - planning - selection - control, and - evaluation of investments in resources, including EA components such as systems, networks, knowledge warehouses, and support services for the enterprise  The EA program is only effective if the enterprise’s resources are effectively applied to gaps in operational performance It takes people, money, facilities, software, hardware, training, and other resources to do this through the investment in an ongoing series of development and improvement projects If there were no gaps in operational performance, there would be no requirement for new or upgraded EA components. Back to the Home Architecture Analogy: For an architect’s design to be approved, the owner’s requirements must be met within the budget that is available. The architect must then work with a builder to ensure that the design is properly constructed, that the schedule is met, and that the budget is not exceeded CPIC The Capital Planning and Investment Control (CPIC) process supports EA by - planning, - selecting, - controlling, and - evaluating investments in new or upgraded EA components. This cyclic process promotes the attainment of the following: What CPIC achieves: 1.Identification of operational performance gaps in the enterprise 2.Identification of new or upgraded EA components to close performance gaps 3.Development of business cases that consider alternatives, alignment, and value 4.Development and management of an overall portfolio of investments in the EA 5.Maximizing the value of individual investments in EA components 6.Encouraging a culture of learning by evaluating each completed investment The CPIC process operates in four distinct phases that serve to (1) standardise how requirements for technology are identified within a strategic and business context; (metrics – which?) (2) associate the technology requirement with an EA component; (Cloud Computing) (3) make an investment decision; and (4) implement a solution through standardized project management practices and the EA Project Management Plan Executive Summary 1. Project Requirements a. Project Description b. Project Sponsorship and Stakeholders 2. Strategic Alignment a. Alignment to Strategic Goals b. Value to and Impact on Strategic Initiatives Project Management Plan 3. Architectural Alignment a. Alignment with the Enterprise Architecture b. Integration With Existing Resources c. Standards and Product Selection Strategy d. System Development Lifecycle Methodology e. System Performance Metrics f. System Standard Operating Procedures Project Management Plan 4. Business Case a. Alternatives Analysis b. Cost-Benefit Analysis c. Return on Investment Analysis 5. Project Controls a. Cost Controls and Project Budget b. Schedule and Work Breakdown Structure c. Project Performance Goals and Metrics d. Risk Management Project vs. Program Questions 1. Why is it important to integrate the EA Management Program with the enterprise’s capital planning process and project management practices? 2. Describe the four basic phases of the capital planning process 3. How can the capital planning process help support decisions on investing in future EA component upgrades or new capabilities?