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DS6.3 - Cost Modelling and Charging

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective DS6.3 - Cost Modelling and Charging is contained within Process Popup Identify and Allocate Costs.

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Cost Modelling and Charging

Establish and use an IT costing model based on the service definitions that support the calculation of chargeback rates per service. The IT cost model should ensure that charging for services is identifiable, measurable and predictable by users to encourage proper use of resources.

View value and Risk Drivers  help

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Value Drivers

  • IT cost allocation transparent for all affected parties
  • Reliable information provided to the organisation about its total IT cost
  • Investment decisions relatable to current costs
   Risk Drivers
  • The cost model not in line with the overall accounting procedures
  • Gaps in identified and charged services
  • Service usage insufficiently measured and failing to reflect actual business usage

View Control Practices  help

Hide Control Practices  help

  1. Categorise all IT costs appropriately as direct, indirect and overhead, in line with the enterprise management accounting framework.
  2. Inspect service definition catalogues to identify services subject to user chargeback and those that are shared services.
  3. Define and agree on a model that:
    • Supports the calculation of chargeback rates per service
    • Defines how IT costs will be calculated/charged
    • Is differentiated where and when appropriate
    • Is aligned with the IT budget
  4. Design the cost model so it is transparent enough to allow for:
    • Users to identify their actual usage and charges
    • Better predictability of IT costs
    • Efficient and effective utilisation of IT resources
  5. After review with user departments, obtain appproval and communicate the IT costing model inputs and outputs to the management of user departments.

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Documents & Publications: 23 total

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Books
English: CGEIT Review Questions, Answers & Explanations Manual 2013 Supplement
Posted by ISACA 130 days ago
Books
English: CGEIT Review Questions, Answers & Explanations Manual 2013
Posted by ISACA 130 days ago
Books
English: CGEIT Review Manual 2013
Posted by ISACA 130 days ago
Books
IT Governance: Policies & Procedures, 2013 Edition
Posted by ISACA 136 days ago
Books
Security Metrics: A Beginner's Guide
Posted by ISACA 276 days ago
Books
IT Project Management: 30 Steps to Success
Few businesses could function effectively without their IT systems. At the same time, they depend on IT for more than their day-to-day operations.
Posted by ISACA 320 days ago
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Events & Online Learning: 1 total

30 Sep 2013
ISACA International Event
Conferencia Latinoamericana
Medellín, Colombia
La Conferencia Latinoamericana CACS/ISRM 2013 en Medellín, Colombia es la conferencia principal latinoamericana para los profesionales de auditoría, riesgo y seguridad de la información. Ahorre más de EE.UU. $ 100 si se inscribe antes del 7 de agosto!
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Journal Articles: 31 total

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Volume 1, 2013
Creating the Business Case for ERP System Acquisitions Using GEIT
by Gregory Zoughbi, CISM, CGEIT, PMP, TOGAF9, ITIL Expert, COBIT 4.1 (F)
Many organizations choose to acquire an enterprise resource planning (ERP) system to serve as a common system for their wide range of daily operations.
Volume 4, 2012
Applications of Business Process Analytics and Mining for Internal Control
by Filip Caron and Jan Vanthienen, Ph.D.
This article aims to introduce business process analytics and mining to the information systems (IS) audit and control community.
Volume 4, 2012
Seven Myths of Information Governance
by Vasant Raval, DBA, CISA, and Greg Dyche
In this article, the term “governance” is used in the sense of information governance to discuss certain myths or misunderstandings of governance.
Volume 3, 2012
Project Portfolio Management
by Aarni Heiskanen, LJK
A program or project portfolio explains how an organization is implementing its strategy with projects.
Volume 3, 2012
JOnline: Book Review—Security, Audit and Control Features Oracle PeopleSoft, 3rd Edition
by ISACA | Reviewed by Shasikanth Malipeddi, CISA
Oracle PeopleSoft HCM is one of the most commonly used human capital management (HCM) system found in medium to large companies in the US.
Volume 1, 2011
JOnline: Risk Management When Implementing ERP Systems
by Jeffrey T. Hare, CISA, CPA, CIA
This article focuses on the types of risk advisory services that are common during an ERP implementation.
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Blog Posts: 5 total

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20 Jun 2012
EAI Challenges
The increased complexity and diversity in the information systems and the inability to rebuild the information systems from scratch is forcing enterprises to look at EAI as an alternative solution that will help extend the life of the existing application...
Posted By : Kannan | 0 comments
17 Aug 2011
IT Security
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17 Jun 2011
Discover Unstructured processes
These are five possible ways to discover Unstructured Processes. Regulatory and Compliance processes - People-intensive processes that are kicked off as a result of an external regulatory body and these processes tend to be ad-hoc & on-going change, but...
Posted By : Varun | 1 comments
22 Apr 2011
IT-thing in IFRS conversion
Converting to IFRS poses a significant challenge to organizations globally.  Many companies initially view the conversion process as solely an accounting challenge and fail to take into consideration the significant roleplayed by IT systems and processe...
Posted By : Iwan A | 0 comments
21 Dec 2010
Firma del convenio entre PMI Valencia e ISACA Valencia
Se potencia la relación mutua y se acuerda la promoción del Sector TIC de la Comunidad Valenciana. La semana  pasada se llevó a cabo la firma de un convenio de colaboración entre los capítulos valencianos de las asociaciones más importantes a nivel mundia...
Posted By : JavierPeris.Org | 0 comments
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