Studham updates Regents on IT Capital Planning process
"The process adds a new level of transparency to decisions regarding IT strategy and priorities." - Scott Studham, Vice President & Chief Information Officer
Vice President Scott Studham shared an overview of the IT Capital Planing (ITCP) process with the Regents at their June meeting on Thursday, emphasizing the benefits of collaboration from engaging a broad group of stakeholders in key IT spending decisions.
"Over the last several months, we have worked to mature this process. It is designed to involve multiple points of view from across the University in reviewing and approving large technology spends," Studham told members of the Facilities and Operations Committee. "The process adds a new level of transparency to decisions regarding IT strategy and priorities."
Through the IT Capital Planning process, all new initiatives carrying a price tag of $1 million or more are required to be reviewed for scope, approach, funding level and implementation sequencing. ITCP committee members evaluate various implementation options and recommend project approvals to President Eric Kaler.
The IT Capital Planning Commitee includes:
- VP/Chief Information Officer Scott Studham
- Provost Karen Hanson
- VP Health Sciences Brooks Jackson
- VP Research Brian Herman
- VP/Chief Financial Officer Richard Pfutzenreuter
- VP University Services Pam Wheelock
- Enterprise Architect Patton Fast
- Two senior academic leaders
- Dean of CFANS Brian Buhr
- UMD Executive Vice Chancellor Andrea Schokker.
More than two dozen initiatives are part of the project portfolio, including Faculty Activity Reporting, IRB System Replacement and the Network Upgrade.