Documents/AGIMO/3: Value for money/3.1: A robust investment framework

3.1: A robust investment framework

Develop a robust ICT investment framework.

Other Information:

The government will develop a robust ICT investment framework, improving the quality of: ICT strategic planning, project development and management, procurement, and evaluation. The ICT investment framework will be used by AGIMO and other agencies to ensure that ICT investment across government is well planned and managed, and will deliver the responsiveness and value for money required by government. The framework will identify duplicate proposals, and opportunities for collaboration between agencies, contributing to the reform of government business processes. The framework will guide agencies on business case development, applying the Australian Government Demand and Value Assessment Methodology (DAM/VAM) to a broader range of ICT projects. The framework will encourage good practice and consistency in ICT strategic planning, by providing access to good practice tools and methodologies. Business cases will be assessed against a good practice review guide to ensure projects are appropriately planned and avoid common causes of project failures. A mechanism to gather and analyse strategic and procurement plans of agencies that are major investors in ICT will also be included in the framework. This will forecast significant future pressure on the Federal Budget and on the ICT skills market, and help to prioritise whole of government strategic directions and capability development. The framework will include tools to improve planning and managing that will help achieve measurable benefits and outcomes, including a performance indicator library and resources for designing evaluation strategies. Central reviews of business cases by AGIMO will focus on planning to measure and manage performance and on delivering outcomes.

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