Gartner Research

Leadership Development Module 3, Chapter 5: Budgeting Fundamentals of IT Management

Published: 26 February 2016

ID: G00300758

Analyst(s): Michael Smith

Summary

The development, presentation and management of the IT budget are perhaps the most fundamental tasks of IT management. In this chapter, we define the key elements of the IT budget and describe best practices for preparing the IT budget for approval.

Table Of Contents
  • Overview

Analysis

  • Key IT Budgeting Definitions
  • Developing an Operating and Capital Budget
  • Presenting the Budget in Business Terms
  • Communicating the Approved Budget to Primary Stakeholders
  • Conclusion

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.