Storyboard: Develop Successful Strategies for Budget Planning, Proposal, and Negotiation

Author(s): Amanda Fink, Andy Woyzbun

Understanding current and projected resource constraints and capacity requirements before budget pitching improves budget proposal success: a well-informed IT leader with valid reason for budget requests is more likely to get what they need.

This solution set will help you:

  • Understand what the constraints are early
  • Find ways to reduce expenses on adjustable non-discretionary expenses to create capacity for new initiatives
  • Negotiate priorities with the business units; not all demands can be met
  • Back-up estimates with evidence of likely costs
  • Provide detailed documentation

Use this research to help navigate and optimize the budgeting process in your organization.