First, it is important to understand budgets. A budget is a financial document that forecasts (or estimates) the revenue that a department will earn/receive and details where that money will be spent.

IT budgeting can be a painful process. There's never enough money for all the organization's priorities, running day-to-day operations is costly, IT is now tasked with digital transformation (whatever ...

Effective company leaders institute a rigorous budgeting process that ensures all departments align their programs to achieve the company's strategic objectives. Part of the process involves ...

In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse”; a budget therefore is “what’s in the pouch.” Budgeting as an activity ranges ...

Learn key strategies for IT budgeting, from evaluating assets to prioritizing projects, to maximize resources and drive tech investments. IT budgeting can range from a painful annual process to ...

Members of the Joint Committee for Budget and Appropriations Reform are considering changing the federal budget process to a biennial cycle, pursuing a budget resolution every two years with annual ...