Tag Archives: IT Budget
Your IT governance model is one of the most critical processes to the success of your IT department and your organization. IT governance in many organization’s occurs through a technology committee but uses an informal process, or function, resulting in … Continue reading
Apparently everyone loves IT staffing benchmarks and IT metrics so much that I am following up IT Staffing Ratios Benchmarks with some additional IT staffing benchmarks and some interesting IT budget benchmarks.
Author Introduction: Vanessa James is a business technology consultant and blogger. She enjoys reading about new technologies, especially while listening to The Rat Pack. She currently writes for database performance monitoring solutions provider confio.com. As I’ve read through some of … Continue reading
When it comes to IT funding, many of the CIO’s I talk to are at a loss for why they continue to lose the IT funding battle. Whether the battle is over keeping existing funding levels during budget cuts or … Continue reading
IT stress test scenarios using lessons from submarines will determine the IT department’s minimum operating levels and what is truly critical. Using some analogies from my time on submarines seemed like an interesting and relevant way to further illustrate the … Continue reading
An IT stress test is a “what-if” scenario analysis of an IT department’s ability to scale down or scale up its costs, staffing, and capacity in response to changes in the economy, funding, or other forms of business stress. With … Continue reading
Recently I set out to do a little research into convenience fees for credit cards and other forms of electronic payments in Higher Ed. I wanted to examine the opportunity for CIO’s to adopt alternative payment systems or alternate currencies … Continue reading
Every decision involves trade-offs between the costs and benefits of the available options. But most people forget to account for the opportunity cost of their choice. While most IT investment decision making relies on the traditional accounting cost to decide … Continue reading
The irrational psychology of the sunk cost fallacy is a pervasive barrier to effective IT investment decision making and CIO success. Let’s say you spent $1M on a project the vendor says they need another $100K to complete it. Even … Continue reading
The EDUCAUSE Learning Initiative (ELI) is conducting a survey to help determine the “thematic framework” for their activities in the year ahead which has me puzzled. Here is the survey link so you can take it yourself, but you better … Continue reading
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