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Justifying IT investment (IT Budgeting (Budgeting tools (Chargeback…
Justifying IT investment
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IT Budgeting
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Typically split between departments (payroll, CRM, ERP, Information security)
Budgeting tools
Chargeback
Direct billing of information systems and resources to the department or organizational function that uses them
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Allocation
Direct billing to organizational function or department based on size, revenue etc
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Justification
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Analyze information
Analyze the business's strategic plan and engage your business counterparts to identify needed business capabilities. Analyze and organize IT expenses into service categories that the business can understand and link to business value.
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Monitor and Assess
Observe and evaluate to make adjustments that will improve business outcomes. Manage and measure IT services and capabilities
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