COST 2. How do you govern usage?

Establish policies and mechanisms to verify that appropriate costs are incurred while objectives are achieved. By employing a checks-and-balances approach, you can innovate without overspending.

Best practices

• COST02-BP01 Develop policies based on your organization requirements
• COST02-BP02 Implement goals and targets
• COST02-BP03 Implement an account structure
• COST02-BP04 Implement groups and roles
• COST02-BP05 Implement cost controls
• COST02-BP06 Track project lifecycle