Capital Planning and Investment Control

CPIC Information and data flow for the the four CPIC phases: Pre-Select - What are the business needs for the investments?; Select - How do you know you have selected the best investments; Control - What are you doing to ensure the investment delivers the projected benefits?; Evaluate - Based on your evaluation did the investments deliver what you expected?

Capital Planning and Investment Control (CPIC) is a systematic approach to selecting, managing, and evaluating information technology investments.

Optimizing the Performance of IT Investments

Capital Planning and Investment Control (CPIC) is a systematic approach to selecting, managing, and evaluating information technology investments.

CPIC is mandated by the Clinger Cohen Act of 1996 which requires federal agencies to focus on the results produced by IT investments.

Here’s how we guide our clients through the CPIC lifecycle:

Pre-Select Phase—Executive decision-makers assess each proposed investment’s support of USDA’s strategic and mission needs. Project managers compile the information necessary for supporting a detailed investment proposal.

Select Phase—Investment analyses are conducted and the members of the E-Board choose the IT projects that best support USDA’s mission and enterprise architecture.

Control Phase—USDA ensures, through timely oversight, quality control, and executive review, that IT investments are executed or developed in a disciplined, well-managed, and consistent manner.

Evaluate Phase—Actual results of the implemented projects are compared to planned results to assess investment performance. Once investments are implemented, actual versus expected results are evaluated to: (1) assess the investment's impact on strategic performance; (2) identify any changes or modifications to the investment that may be needed; and (3) revise the investment management processes based on lessons learned, self-assessments and benchmarking.