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Eight For '10

Sponsored By Compass Management Consulting

Topics:: Budgeting & Planning > Budgeting , Business Performance Management; Finance & Risk Management > Benchmarking/Metrics

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Abstract:: Businesses enter 2010 with a sense of cautious optimism that the slash-and-burn days of IT budgeting are behind us, and that growth, innovation, and investment will once again make an appearance on the IT spending agenda.

Rather than simply reduce spending, CFOs and IT executives are increasingly focused on defining priorities and managing change. This requires weighing business unit requirements and quantifying the costs and benefits of different initiatives, and often involves confronting influential executives touting their pet projects. Business buy-in and support for initiatives are essential.

This paper defines eight principles of IT budget management designed to support the business and move beyond a short-term focus on cost reduction.

DETAILS

Sponsored by: Compass Management Consulting

Released: February 22, 2010

Length: 4 pages

Format: PDF (448 kb)

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