Harvard IT Priorities: Where finance fits

1. Harvard IT Priorities: Where finance fits

2. Updates on Financial Model Development Process Objective and goals of the FY13 changes The new Financial Models will enable HUIT to integrate/rationalize different funding sources (i.e. FAS, CA Core, User Fees, Capital) with the right uses and create appropriate incentives

3. Updates on Financial Model Development Process University Funded Criteria Criteria required for University-funded activities: 1.) Usage of the solution/product is ubiquitous and is on the basis of a fixed cost, rather than a marginal cost per usage. 2.) There is a universal need for a common solution 3.) There are security-benefits to a university-wide approach 4.) There are compliance risks for the University associated with a disseminated approach 5.) The solution/activity would support University strategic objectives (this could include incenting the right behavior, promoting collaboration, etc. ) Other criteria considered to be desirable, but not required: • Large cost of entry into the activity • Uniformity/compatibility across the University • A university-wide approach would eliminate an otherwise complicated funding model