Gartner Research

Ignition Guide to Creating the Annual Budget for Applications

Published: 20 April 2016

ID: G00368594

Analyst(s): Applications Research Team

Summary

This guide includes documents that will help you create an effective budgeting process for the Applications function, allocate financial resources efficiently to achieve strategic IT and business objectives, and build flexibility into the budget to reflect changes in business conditions.

Table Of Contents

Overview

Steps

Step 1 of 6: Plan the Budgeting Process

Project Objectives

Roles and Responsibilities

Before You Start

Common Pitfalls and Keys to Success

Step 2 of 6: Collect Information for Developing the Applications Budget

Tasks

How to Set Up for Success

Step 3 of 6: Create a Preliminary Budget for Applications Maintenance Projects

Tasks

How to Set Up for Success

Step 4 of 6: Create a Preliminary Budget for Applications Development Projects

Tasks

How to Set Up for Success

Step 5 of 6: Finalize and Communicate the Applications Budget

Tasks

How to Set Up for Success

Step 6 of 6: Monitor Budget Performance

Review Your Performance

Keys to Continued Success

Recommended by the Authors

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