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General discussion

IT Budget/Project Funding (Virtualization)

by mark_smith111 Sep 14, 2008 8:40PM PDT

Hey folks, I was wondering, how are your IT budgets till the end of the year and if you are able to get projects approved for funding, and what trick (if any) do you use to get projects funded. We are having tough time to get our projects off the ground. Any advice will be appreciated

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2 Posts

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Might depend on where you work.

by Kees Bakker Sep 14, 2008 8:49PM PDT

If it's at Lehman Brothers, it's understandable today.

In normal circumstances, the 'business case' should be leading. Say 'return on investment'. Prerequisite, of course, is that there is some budget to invest and some lookout for a return on a not too long term.

If, say, the lease contract for your current servers is ending, there's something to say for studying the possible advantages of virtualisation. But if you just bought new ones that can't be used for it, the story is more difficult.

Anyway, it should be all about the money and about management commitment to implement the organisational changes that come with the new technology or the new information system. If the management is busy to save the company from other dangers, they might give priority to that. Unless you have a VERY good business case.

Kees

Kees

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No change here. The old rules work well.

by r. proffitt Forum moderator Sep 14, 2008 10:55PM PDT

You make your case, show return on investment or how it helps the company and you might get your money. Part of the decision is also your past performance on projects. The new kid rarely gets their projects approved.
Bob

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