CPIC is a structured, integrated approach to managing information technology investments within the federal government. It is an important portfolio management process for informing investment decisions, assessing investment process effectiveness, and refining investment related policies and procedures. In implementing CPIC for our clients, Constellation seeks to ensure that all investments align with the agency’s mission and support business needs while minimizing risks and maximizing returns through the investment’s lifecycle.
CPIC is mandated by the Clinger-Cohen Act which requires government agencies to use a disciplined process to acquire, use, maintain and dispose of information technology investments. CPIC relies on a systematic approach to it investment management in three distinct phases: select, control, and evaluate, to ensure each investment’s objective supports the business and mission needs of the agency. CPIC is directly aligned with the acquisitions process, and incorporates a checks-and-balances system between the CFO, CIO, and acquisition executive.
Portfolio management practices help prioritize investments and provide a strong business-oriented lens familiar to most executives. Constellation helps our clients strike the right balance of short and long term goals in their investment portfolios to achieve alignment with the organization’s strategy.
Our services include:
- Investment Analysis
- Cost-Benefit Analysis
- Economic Analysis
- Life Cycle Cost Estimation
- Business Case Development Exhibit 300
- Risk Management and Analysis
- Analysis of Alternatives
- Acquisition Management
- Performance Measurement and Management