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While every organization needs effective IT financial management practices, small and midsize enterprises unable to employ IT CFOs are at a disadvantage. This research provides guidelines on how CIOs can achieve the most from ITFM practices without a dedicated IT financial management role.
Table of Contents
Requisites to Effective ITFM in a Small IT Organization
- Requisites to Effective ITFM in a Small IT Organization
Understand Your Existing ITFM Capabilities and Major Gaps
Build a Solid Set of Financial Reports
Improve Your Investment Planning Process
Build a List of IT Services in Client Terms
Benchmark IT Spend Using the Gartner ITBudget Assessment
- Optimize Cost and Value
- Show IT’s Contribution via a CIO Scorecard
- Understand Your Existing ITFM Capabilities and Major Gaps
Gartner Recommended Reading