Category: IT Financial Management
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hmm.. Do you know what is being wasted in your IT organization? Nirvana (the highest level of maturity) is not reality in IT organization. It is a stretch goal. There are always room for improvement in any IT organization. Some time back, a set of projects were perceived as a high business value projects and…
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Typically, the organization structure is, managers, project managers & senior manager will be reporting to director in an IT organization. Directors will have a functional responsibilities like sales & marketing, customer service, finance and etc. Managers and senior managers are responsible for the managing the project, lights on and enhancement. For a zero based budgeting,…
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Understanding how the IT budget process fit into the overall corporate finance is essential to grasp the big picture. The following figure illustrates how the IT G&A operating budget fits into the over all corporate finance. IT organization must decide the technique suitable for the budget cycle. To select the best suited techniques the organization…