Webopedia on Google+Webopedia on TwitterWebopedia on FacebookTech Bytes Blog
Main » TERM » I »

IT Capability Maturity Framework

Abbreviated as IT-CMF, the IT Capability Maturity Framework was launched by The Innovation Value Institute (IVI) to provide a concise management roadmap to optimize business value derived from IT investments. This framework has been proven to deliver greater business value from IT while reducing the complexity of IT choices for CIOs.

The IT-CMF consists of a five-stage maturity model used to organize and structure a framework for mapping IT improvement efforts. The holistic approach of the IT-CMF is reflected by its four foundational macro processes:

  • Managing IT like a Business: shifting the focus from technology and production to a focus on customers and services
  • Managing the IT Budget: investing in innovative IT solutions that deliver better value and performance
  • Managing the IT Capability: managing IT assets throughout the value chain and developing core competencies
  • Managing IT for Business Value: linking IT investments to overall business benefits

In total, the IT-CMF identifies 36 core processes and categorizes them under these four dimensions to cover all activities in an IT department. An assessment of an IT organization's maturity across these 36 processes, together with comparisons to industry benchmarks and best practices, will highlight the company's key maturity gaps and value-creation opportunities.

See also "New Framework Designed to Optimize IT Value" on CIO Update for a better understanding of the term.







TECH RESOURCES FROM OUR PARTNERS
LATEST ARTICLES
SEO Dictionary

From keyword analysis to backlinks and Google search engine algorithm updates, our search engine optimization glossary lists 85 SEO terms you need... Read More »

Slideshow: History of Microsoft Operating Systems

Microsoft Windows is a family of operating systems for personal computers. In this article we look at the history of Microsoft operating... Read More »

Slideshow: Interesting Facts About Google Search

From Goats to Penguins, a server outage and trillions of searches, our slideshow presents interesting facts about Google and the Google.com... Read More »

STUDY GUIDES
Java Basics, Part 1

Java is a high-level programming language. This guide describes the basics of Java, providing an overview of syntax, variables, data types and... Read More »

Java Basics, Part 2

This second Study Guide describes the basics of Java, providing an overview of operators, modifiers and control Structures. Read More »

The 7 Layers of the OSI Model

The Open System Interconnection (OSI) model defines a networking framework to implement protocols in seven layers. Use this handy guide to compare... Read More »