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IT departments are often viewed as cost centers that always ask for more budget. How can CIOs tackle the challenge of staying on budget with changing expectations from the business? This storyboard will help you:

  • Implement a formal budget management process.
  • Document your budget and actual expenditures.
  • Track the variance between your planned budget and actual expenditures.
  • Respond to variances to ensure you meet your budget goals.
  • Manage expectations with business stakeholders by communicating IT's value.

Also In

Manage an IT Budget

Control your budget before it controls you.

Solution Set Steps

  1. Start here – read the Executive Brief
    • Manage an IT Budget – Phases 1-3
  2. Document
  3. Track
  4. Control

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Search Code: 85586
Published: April 18, 2018
Last Revised: April 18, 2018


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Manage an IT Budget – Sample
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