Copperleaf C55: Asset and Investment Management
The Office of the Chief Information Officer (OCIO), IM/IT Capital Investment Branch, has implemented Copperleaf C55 software and supporting processes to aid in the prioritization of investment funding for minor capital IT and capital maintenance projects across government. Two key aspects of the implementation include:
- Managing ministry investment requests for minor capital IT and maintenance projects, including concept cases and business cases, from inception through to approval.
- Tracking application "assets", replacing the existing Application Health Check spreadsheet and Critical Systems repository. Investments can be linked to assets.
The implementation of this system addresses audit concerns presented by the Auditor General and improves alignment with the #BCTECH Strategy. The Copperleaf solution provides government with:
- Value measures for business cases that align to government’s strategic priorities, and provide the ability to identify broader themes and benefits from investments (e.g. addressing legacy apps and moving off mainframe)
- Real-time modeling and dynamic projections, including optimization of the investment portfolio alternatives given a constrained budget
- Tools for project prioritization and risk identification
- Help in maintaining a comprehensive and accurate registry of applications
- Transparent, fact-based demonstration of need for additional funding and benefits derived from projects.
The ability to forecast investment options and make projections is a valuable tool, allowing deputy ministers to compare multiple investment streams. The ministries benefit from the ability to access the full list of assets through the asset registry. Additionally, it provides standardization of information on Critical Systems and will help with the identification and monitoring of compliance for these key systems.
Valuing investments in C55
Within C55, projects are valued against government priorities using value measures. A detailed listing of all value measures, their calculation and their applications is available in the Value Framework Implementation Document (PNG).
The "value measures" (shown below, grouped together in "value drivers") are linked to key initiatives in the Government Strategic Plan. Business cases then utilize a small number of the appropriate value measures to calculate project value. The measures help to measure hard and soft benefits, as well as risk mitigation. This is one source of valuable input as choices are made by the deputy ministers on allocating funds for minor capital IT and maintenance projects.
The system is operational for investments being approved for fiscal year 2018.