Capital spend that is used to purchase key business components for the continued operations of Cenovus. Commonly referred to as "lights on" spend
What is Base Capital
100
The management of investments with the application of a risk based approach to analyze, assess, and prioritize initiatives most valuable to Cenovus
What is IT Portfolio Management
100
The estimated capital costs required up to the end of planning
What is Capital Costs to Stage Gate 2
100
This role is responsible for understanding the value of an opportunity through discussions with the business and capturing the opportunity in the ODA form
Who is the Strategic Business Analyst
200
The amount of capital an authorized opportunity can spend within the current fiscal year
What is the release amount
200
A process to manage changes within a project
What is the Project Change Request process
200
The field to indicate the type of business benefit for the opportunity i.e. revenue generation, cost reduction and intangible
What is Qualitative Business Benefits
200
This role is responsible for completing the Project Change Request
Who is the Internal Project Manager (IPM)
300
The amount of capital an authorized opportunity can spend within the current fiscal year
What is non-discretionary opportunities
300
This phase of the process include the following activities:
- Understand opportunity
- Capture opportunity
- Submit & authorize
What is the Portfolio & Demand Management phase
300
The estimated capital costs for the life of the opportunity
What is Total Capital Costs
300
This role is responsible for managing to the capital spend budgeted for their respective area
Who is the Group Lead (GL)
400
An opportunity that can proceed to project initiation
What is an authorized opportunity
400
A process to manage the changes to the released amount within a fiscal year for an opportunity in the initiation phase
What is the Escalate & Expedite process
400
This field on the ODA identifies how the cost of the opportunity should be distributed across the Asset Teams and IT. It is the ability to assign costs of an IT Service proportionally and fairly to the users of that service
What is Percent allocation or cost allocation
400
This role is responsible for authorizing the IT capital budget
Who is the Chief Information Officer (CIO)
500
Capital spend that is allocated to the Project in the AFE
What is the approved spend
500
This phase of the project lifecycle involves administrative activities such as updating the roadmaps, closure of AFEs and moving of the ODA to the "Closed" folder in Content Server
What is the Project Closure phase
500
This field identifies the revenue increase, cost reductions or other tangible financial benefits related to an opportunity
What is the Financial Benefit/Cost Reduction field
500
The SBA engages this role to understand the alignment of an opportunity to IT (i.e. roadmaps)