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IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding
IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding
IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding
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IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding

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Congratulations – you are an IT manager and you've been given a budget to work with. Oh, oh, now what? Oh, and if you're going to want any money next year, you had better learn how to ask for more money.

This budget stuff can be tricky. The fact that we talk about budgets using a vocabulary that most IT managers probably don't have (or at least don't use every day) makes it just a bit harder. If you're going to do this correctly, we're going to need to have a talk about what's important and what the process for creating a valid budget is.

What You'll Find Inside:
* BUDGETING 101: WHAT IT MANAGERS NEED TO KNOW
* 3 DIFFERENT TYPES OF BUDGETS THAT IT MANAGERS NEED TO KNOW ABOUT
* 5 STEPS FOR CREATING AN OPERATING BUDGET
* HOW TO NEGOTIATE A BIGGER BUDGET FOR YOUR IT TEAM

The good news is that all of this budget stuff is not all that hard to do. It really comes down to learning how your particular company wants to talk about money. If you can discover the vocabulary and the types of budgets that they like to use, then you'll be half-way there.

In this book we're going to cover everything that you need to know about your IT budget. We'll talk about how to use the budget that you've been given, the different types of budgets that exists (and why), and how you can go about requesting more money.

LanguageEnglish
PublisherJim Anderson
Release dateOct 5, 2014
ISBN9781492898344
IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding
Author

Jim Anderson

J Jim Anderson is Visiting Research Fellow in the Department of Educational Studies at Goldsmiths, University of London. His work focuses on: theories and methods of second language learning and bilingualism, including Content and Language Integrated Learning (CLIL); multilingualism and new literacies; and language policy. Underlying this is a commitment to an integrated and inclusive approach to language and literacy education incorporating the areas of foreign and community/heritage language learning as well as English as an Additional Language and English mother tongue. Jim is co-director with Dr Vicky Macleroy of the Critical Connections: Multilingual Digital Storytelling Project launched in 2012.

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    Book preview

    IT Manager Budgeting Skills - Jim Anderson

    IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding

    Copyright 2014 by Jim Anderson

    Smashwords Edition

    Copyright © 2014 by Dr. Jim Anderson

    All rights reserved. No part of this book may be reproduced of transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system without written permission of the publisher, except for inclusion of brief quotations in a review.

    Printed in the United States of America

    Library of Congress Control Number: xxx

    ISBN-13: 978-1492898344

    ISBN-10: 1492898341

    Acknowledgements

    Any book like this one is the result of years of real-world work experience. In my over 25 years of working for 7 different firms, I have met countless fantastic people and I've been mentored by some truly exceptional ones. Although I've probably forgotten some of the people who made me the person that I am today, here is my attempt to finally give them the recognition that they so truly deserve:

    Thomas P. Anderson

    Art Puett

    Bobbi Marshall

    Bob Boggs

    Dr. Jim Anderson

    This book is dedicated to my wife Lori. None of this would have been possible without her love and support.

    Thanks for the best 21 years of my life (so far)…!

    Table Of Contents

    WHY DO CIOS NEED BUSINESS SKILLS?

    ABOUT THE AUTHOR

    CHAPTER 1: BUDGETING 101: WHAT IT MANAGERS NEED TO KNOW

    CHAPTER 2: THE 4 FUNCTIONS OF AN IT BUDGET THAT IT MANAGERS NEED TO KNOW

    CHAPTER 3: 3 DIFFERENT TYPES OF BUDGETS THAT IT MANAGERS NEED TO KNOW ABOUT

    CHAPTER 4: IT MANAGERS NEED TO KNOW: WHAT IS A MASTER BUDGET?

    CHAPTER 5: HOW SETTING ASSUMPTIONS HELPS IT MANAGERS TO CREATE BUDGETS

    CHAPTER 6: 5 STEPS FOR CREATING AN OPERATING BUDGET

    CHAPTER 7: HOW IT MANAGERS CAN CREATE A FINANCIAL BUDGET

    CHAPTER 8: IT MANAGERS KNOW THAT IT TAKES A HUMAN TO MAKE A BUDGET

    CHAPTER 9: SMART IT MANAGERS KNOW HOW TO DO THE BUDGET DANCE

    CHAPTER 10: HOW TO NEGOTIATE A BIGGER BUDGET FOR YOUR IT TEAM

    CHAPTER 11: IT MANAGERS WHO CARE KNOW HOW TO DO A SENSITIVITY ANALYSIS

    CHAPTER 12: HOW CAN AN IT MANAGER CREATE AN EFFECTIVE BUDGET?

    Why Do CIOs Need Business Skills?

    So you've been asked to give a speech – fantastic! Just think of all of the great speakers who have gone before you Dr. Martin Luther King, John F. Kennedy, Steve Jobs, the list goes on and on. Now you've been give your chance to change the world!

    I can well image what you are feeling right now – fear, doubt, uncertainty. Don't worry about it. I've got some good news for you – all of those great speakers felt the very same thing. However, they were able to muster up the courage to go out there and give the best speech that they possibly could. They did change the world and you just might end up doing the same

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