5 Considerations when Developing the IT Budget
Almost every type of organization struggles with effective information technology (IT) budgeting. Often there is a disconnect between the IT team and the finance department; the IT team doesn’t understand the organization’s budgeting process and the finance department doesn’t understand IT. Leaders can remedy this disconnect by changing the organization’s approach to IT budgeting and move it from an annual “make it fit” endeavor into a much more meaningful ongoing planning process.