Learn why you may be having trouble hitting your budget and see what items are essential to developing a realistic and achievable plan.
If you're scrambling to save your budget halfway through the year, you're not alone. IT managers are generally not taught how to budget and fall prey to certain tendencies, like allowing the CEO to reduce expenses without adjusting expectations on services and deliverables. IT management expert Mike Sisco looks at the various reasons IT managers have budgeting problems and then offers some suggestions for developing aggressive but achievable plans. Items of key importance include budgeting for salary and benefits, telecommunications costs, and hardware and software maintenance, as well as paying close attention to upcoming initiatives and considering past expenses, which can indicate future trends.
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