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Financial Management

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IT is a cost center. How easily it gets sufficient money to fund ongoing services and new initiatives depends to a large degree on how well it has managed its funding in the past.

  • IT must be proficient in estimating and arguing for adequate levels of funding for both ongoing and new initiatives.
  • It must effectively manage the money it is given to spend, and within specified constraints, despite uncertainty in the services it will be asked to deliver.
  • It must also find innovative ways to reduce the costs of ongoing services to provide funds for new initiatives or to improve the bottom line.

 

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Solution Road Map

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