Following a number of recent audits showing Victorian agencies commence large, complex ICT projects without a clear understanding of goals, resources required, or risks, the Victorian Auditor-General has released a guide to assist agencies assess whether their investments are delivering their intended benefits.
The guide Investing Smarter in Public Sector ICT: Turning principles into practice and its associated checklists have been designed to assist public sector chief executive officers (CEOs) and senior responsible officers (SROs) to question and assess whether their investments are delivering their intended benefits, resulting in better business and financial value for government and the public.
According to the report, in 2007 the Victorian public sector spent over $1.5 billion on new and existing information and communication technology (ICT) enabled asset investments and infrastructure. The Auditor-General says some major projects are not planned carefully and others are not structured properly.
This guide provides general principles that can be applied by agencies, structured around an ICT investment lifecycle that extends from creating an initial understanding of requirements, to carrying out a final review of the investment.