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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.

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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

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  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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Events & Online Learning: 1 total

13 Aug 2018
ISACA International Event
Nashville, Tennessee, US
2018 GRC Conference - 13-15 August , Nashville, TN. Explore the future of Governance Risk and Control through expert-led workshops and sessions developed by the IIA and ISACA. Register early for our GRC learning tracks.

Journal Articles: 26 total

Volume 3, 2017
by Vasant Raval, DBA, CISA, ACMA, and Rajesh Sharma, Ph.D., ITIL-F, Six Sigma Black Belt
Success does not teach much, if anything; it is the failure that provides lessons to do better in the future.
Volume 3, 2016
by Joseph Zipper, CISA, IPRC, PMP
Efficient and effective auditing of major projects requires a flexible approach, where audit is actively engaged throughout the project life cycle.
Volume 2, 2016
by Alan Moran, Ph.D., CRISC, CITP
The inherent cadence and iterative nature of Agile practices make them well suited for the management of a wide range of risk commonly encountered in product development and related projects.
Volume 2, 2016
by Laurent Renard, CISA, CISM, CGEIT, CRISC, COBIT Foundation, DevOps, GRCP, ITIL Expert, Lean Six Sigma BB, MoP, MSP, P3O, PMIACP, PMI-PBA, PMP, PRINCE2, Resilia, Scrum PSM-PSPO, TOGAF
IT helps organizations achieve their goals and optimize their profitability by balancing risk at an acceptable level.
Volume 1, 2016
by Joshua J. Filzen, Ph.D., CPA and Mark G. Simkin, Ph.D.
Auditors often embed colored labels and background hues in spreadsheets to enhance a worksheet’s organization, readability and visual appeal.
Volume 5, 2015
by Ed Gelbstein, Ph.D.
What causes large software projects to have significant cost and timescale overruns and/or fail to meet expectations or, in a worst case, be abandoned before completion?

Wikis: 2 total

Blog Posts: 12 total

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Posted By : Jayakumar Sundaram | 1 comments
13 Nov 2014
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