Resources - Best practices

Best practices for building a cost model and running cost transparency

Practical guides on building a cost model, running cost transparency and choosing a tool, including the seven Pathway steps used in every implementation.
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Where to start

The Pathway to Success, in seven steps

Assess and plan, service definition, data readiness, automation, costing and benchmarking, chargeback and benefits realization, in order. Each step has its own post.

The Pathway

The Pathway

The seven steps of the Pathway to Success

01

Step 1: Assess and plan

A comprehensive current state assessment to understand the level of ITFM maturity, data quality, and alignment with the corporate strategic plan.

03

Step 3: Data readiness

Ensuring high-quality service consumption and cost data to achieve cost transparency and implement showback and chargeback to the business.

04

Step 4: Automation

Automating ITFM processes to increase transparency into service usage and costs, and to efficiently produce financial and service consumption reports.

06

Step 6: Chargeback

Implementing chargeback to charge consumers of IT services for their actual consumption.

Guides, white papers and research

Guides for every stage of the work

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The archive

Every guide, newest first

showing 1 to 9 of 9

Next step

Put the Pathway to work on your own estate

Bring the cost model you are building. We will show you where the platform fits.