For government agencies, technology is a key driver of transformation, but without clear visibility into costs and value, optimising IT investments can be a challenge. Traditional financial management methods, such as spreadsheets and custom-built solutions, are often time-consuming, error-prone, and difficult to scale. The Technology Business Management (TBM) framework provides a structured approach to improving financial transparency, aligning IT spend with mission objectives, and enabling fact-based decision-making.

This virtual event will bring together federal and state government leaders to explore best practices for launching a TBM program. Participants will gain insights into how to build a common language between CIOs, CFOs, and agency leaders, track total cost of ownership (TCO) across on-premises and cloud environments, and implement cost recovery solutions that drive efficiency and accountability. The discussion will also address key challenges such as budget planning, resource allocation, and implementing chargeback and showback models to ensure IT investments align with agency priorities.

Key discussion points include:

• Building a Strong TBM Foundation: Establishing a shared financial language across IT and finance teams to drive informed decision-making.
• Optimising IT Spend and Cost Recovery: Understanding true TCO, tracking expenditure, and implementing cost recovery strategies.
• Enhancing Transparency and Accountability: Leveraging data insights to manage budgets, control variances, and align IT resources with mission goals.
• Implementing Service Rate Models: Driving strategic IT service utilisation through structured pricing, benchmarking, and financial accountability.