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Subject: Information
Technology Budgeting
Tutorial: What Every Manager Needs To Know
About Budgeting
Common Misconceptions - Recap
IT professionals:
- dont need
to become budget experts; but, budgeting is an
important part of the job
- shouldnt
assume that they can rely on others to ensure
adequate IT funding; they must aggressively
participate in the planning and decision-making
process
- need to
understand that while budgeting involves numbers,
its not just a numbers game - it is the
lifeblood of the organization
- can learn how to
use budgeting as a management tool and place
accounting in proper perspective
- can make senior
management pay attention to what they have to say;
but, it needs to be said in business terms
What
Every Manager Needs To Know About Budgeting, Lesson 7 of 14
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