An Investment Logic Map (ILM) is a method for describing the rationale of a potential initiative on a single page, in a simple manner such that a person with no historical insight can understand the drivers, activities, resources, benefits and calibration to strategic objectives.
The concept was first developed by the Department of Treasury & Finance (State Government of Victoria, Australia) and have been maturing the method since 2004.
The template is very useful for outlining the following vital elements:
- Driver Problems
- Drivers Opportunities
- Activities required
- Resources required to support the prescribed activities
- Benefits/Outcomes expected
- Alignment to strategic (Enterprise/IT) objectives
greenCore has over time also been utilising and developing the model to better serve its customers and engagements. The updated template, we believe, represents a more serial and understandable flow that enables stakeholders to determine why something needs to occur, what it takes to perform it, the benefits and outputs and how the activities align to considered and defined business and technology goals.
The greenCore ILM template (free for non-commercial use) can be accessed HERE. Please note that the percentage charts can be modified on the second tab.
The standard DTF ILM template (along with a number of other useful tools, templates and tips – Check out the Benefit Map which is also very constructive) can be accessed HERE.
