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Create a Transparent and Defensible IT Budget Storyboard

Author(s): Jennifer Perrier

Gaining full budgetary approval has been a challenge for many IT leaders due to ongoing disconnections between internal financial practices, organizational objectives, and IT realities. Use this storyboard to re-connect and develop a multi-perspective IT budget that reflects the priorities or IT's key stakeholders and facilitates the budget-approval process.

This storyboard includes the following sections:

  • Lay your foundation.
  • Get into budget-starting position.
  • Develop your forecasts.
  • 91ÖÆÆ¬³§ your proposed budget.
  • Create and deliver your budget presentation.

Leverage Info-Tech's ITFM Cost Model along with business-based rationales and compelling visualizations to present your proposed IT budget according to a CFO expense view, CIO services view, CXO business view, and CEO innovation view.