How To Reduce the IT Budget and Still ‘Keep the Lights On’

Today’s CIO faces tough challenges — to demonstrate mature financial management disciplines, greater transparency, and improved performance reporting of costs. Historically, the Office of the CIO — the CIO and direct reports — have relied on rough estimates or SWAGs (scientific wild “a guesses”) to answer questions, such as:

• What are the key drivers affecting cost?
• When and where should we cut discretionary spending?
• Where can we make additional cuts and still have enough staff to keep the lights on?

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