Remove Budget Remove Infrastructure Remove Monitoring Remove Technical Review
article thumbnail

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Information technology (IT) runs most businesses. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget?

Budget 338
article thumbnail

How to Budget For Your Company’s Technical Debt

Zen Project Management

Guest post by Dr. Mik Kersten While “technical debt” is a term that’s frequently used by technologists, the implication and understanding of it tends to be opaque to the business until it’s too late - just look at how Nokia lost the mobile market that it helped create. What’s technical debt?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Operational Project Management for Businesses

ProjectManager.com

However, because they’re concerned with streamlining department workflows, implementing new technology or processes or even updating the company’s offerings, customers will eventually see the benefits of these improvements. Both rely on effective planning, execution and monitoring, and both require strong leadership and clear communication.

article thumbnail

Exploring the Benefits of an Agile Application Modernization Approach

Leading Agile

Unless you have been constantly refactoring and modernizing this asset over its history, problems begin to emerge: On-premises infrastructure costs are not competitive. Vendors are dropping support of key technologies used by your application. Staffing for legacy technologies is increasingly expensive and difficult to find.

article thumbnail

IT project management explained: How to run great IT projects

Planio

The best companies rely on a solid foundation of IT infrastructure to grow, adapt to market changes, and keep their users happy. On average, IT projects come with more complexity and risk, and can quickly fall to pieces without proper due diligence, management, and leadership. Monitoring and controlling 5. Initiation 2.

article thumbnail

Project Initiation: How to Start Your Project Off Right

ProjectManager.com

Get that part right, and you’re on your way to getting the whole project completed on time and on budget. It deals not in technical issues, but the business concerns of the project, and it needs to be comprehensive. It houses the communications infrastructure and whatever tech is needed for the project.

article thumbnail

15 Free IT Project Management Templates for Excel, Word & More

ProjectManager.com

IT teams plan hardware and software installations, upgrades and rollouts, and the tools they use are specific to working with infrastructure, information systems and computers. IT Project Budget Template Getting an accurate count of the costs of your IT project is how you ensure you have the funds to do the work properly.