Skip to main content

M3 Framework Introduction M3 Framework Overview M3 Phase 0 - Assessment M3 Phase 1 - Readiness M3 Phase 2 - Selection M3 Phase 3 - Engagement M3 Phase 4 - Migration M3 Phase 5 - Operations M3 Resources
M3 Playbook > Phase 1: Readiness
1.5 Develop Lifecycle Cost in the Business Case
1.4 Conduct Procurement Planning
1.6 Define Benefits of the Program
Image Map Phase 0: Assessment Phase 1: Readiness Phase 2: Customer Readiness Phase 3: Engagement Phase 4: Migration Phase 5: Operations
Objective:   Develop the estimated costs of a migration based on the customer Scope of Services requirements to manage and plan budgetary needs.

   Phase 1 GuidanceResponsible Party - Customer, Provider, Shared
1. Develop Lifecycle Cost Estimate (LCCE) based on information gained in Phase 1 (e.g., requirements gathering, procurement decisions, risk mitigation, scope of services) and reasonableness and affordability (C)
2. Develop LCCE (according to cost management plan) for all future phases (C)
3. Compare actual spending with budget and adjust LCCE as needed (C)
4. Report changes to program costs and actual spending in governance meetings and Status Reports/Dashboards (C)

• Business Case
• Initial Scope of Services
• Initial Target State Systems Environment
• Initial Target State Concept of Operations

• Life-Cycle Cost Estimate
Stakeholders Update
• Executive Sponsor (C)
• Program Manager (C)
• PMO Lead (C)
• PMO Team (C)
• Budget or Financial Analyst (as needed) (C)

Best Practice
• Plan multi-year budget requests through lifecycle cost analyses based on expected scope and operational impacts of releases