IT Manager Budgeting Skills: How IT Managers Can Request, Manage, Use, And Track Their Funding
By Jim Anderson
()
About this ebook
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.
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.
Read more from Jim Anderson
Unmasked: Exposing the Cultural Sexual Assault Rating: 5 out of 5 stars5/5Reverse Mortgage Dangers Rating: 5 out of 5 stars5/5Power Distribution Unit (PDU) Secrets: What Everyone Who Works In A Data Center Needs To Know! Rating: 4 out of 5 stars4/5Product Manager Product Success: How To Keep Your Product On Track And Make It Become A Success Rating: 0 out of 5 stars0 ratingsHow Software Defined Networking (SDN) Is Going To Change Your World Forever: The Revolution In Network Design And How It Affects You Rating: 0 out of 5 stars0 ratingsCustomer Lessons For Product Managers: Techniques For Product Managers To Better Understand What Their Customers Really Want Rating: 0 out of 5 stars0 ratingsCIO Communication Skills Secrets: Tips And Techniques For CIOs To Use In Order To Become Better Communicators Rating: 0 out of 5 stars0 ratingsSecrets To Planning The Perfect Speech For Motivational Speakers: How To Plan To Give The Best Speech Of Your Life! Rating: 0 out of 5 stars0 ratingsDelivering Excellence: How To Give Presentations That Make A Difference Rating: 0 out of 5 stars0 ratingsCIO Business Skills: How CIOs Can Work Effectively With The Rest Of The Company! Rating: 0 out of 5 stars0 ratingsHow To Give A Great Presentation: Presentation Techniques That Will Transform A Speech Into A Memorable Event Rating: 0 out of 5 stars0 ratingsHow To Become A Better Speaker By Changing How You Speak Rating: 2 out of 5 stars2/5Product Development Lessons For Product Managers: How Product Managers Can Create Successful Products Rating: 0 out of 5 stars0 ratingsCommunication Skills That Every CIO Must Have: Tips And Techniques For CIOs To Use In Order To Become Better Communicators Rating: 0 out of 5 stars0 ratingsBuilding The Perfect Team: What Staffing Skills Do IT Managers Need? Rating: 0 out of 5 stars0 ratingsIT Manager Career Secrets: Tips And Techniques That IT Managers Can Use In Order To Have A Successful Career Rating: 0 out of 5 stars0 ratingsTechnology That Every CIO Needs To Know About: How CIOs Can Stay On Top Of the Changes in the Technology That Powers the Company Rating: 0 out of 5 stars0 ratingsWhat CIOs Need To Know In Order To Successfully Manage An IT Department Rating: 0 out of 5 stars0 ratingsHow CIOs Can Make Innovation Happen: Tips And Techniques For CIOs To Use In Order To Make Innovation Happen In Their IT Department Rating: 0 out of 5 stars0 ratingsLadies, Women, and Wenches: Choice and Constraint in Antebellum Charleston and Boston Rating: 0 out of 5 stars0 ratingsPreparing For Your Next Negotiation: What You Need To Do BEFORE A Negotiation Starts In Order To Get The Best Possible Outcome Rating: 0 out of 5 stars0 ratings
Related to IT Manager Budgeting Skills
Related ebooks
The I.T. Leader's First Days: The I.T. Director Series, #1 Rating: 0 out of 5 stars0 ratingsIT Manager Career Secrets: Tips And Techniques That IT Managers Can Use In Order To Have A Successful Career Rating: 0 out of 5 stars0 ratingsTechnology That Every CIO Needs To Know About: How CIOs Can Stay On Top Of the Changes in the Technology That Powers the Company Rating: 0 out of 5 stars0 ratingsSolving the Technology Challenge for IT Managers: Technologies That IT Managers Can Use In Order to Make Their Teams More Productive Rating: 0 out of 5 stars0 ratingsGrowing Your CIO Career: How CIOs Can Work With The Entire Company In Order To Be Successful Rating: 0 out of 5 stars0 ratingsCIO Business Skills: How CIOs Can Work Effectively With The Rest Of The Company! Rating: 0 out of 5 stars0 ratingsIT Manager's Handbook: Getting your New Job Done Rating: 0 out of 5 stars0 ratingsThe IT Leader's Manual Rating: 0 out of 5 stars0 ratingsIT for Business (IT4B): From Genesis to Revolution, a business and IT approach to digital transformation Rating: 0 out of 5 stars0 ratingsSLM service-level management Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsThe Definitive Guide to IT Service Metrics Rating: 5 out of 5 stars5/5Presentations on Classical ITIL Rating: 0 out of 5 stars0 ratingsThe Death of Managed Services Rating: 5 out of 5 stars5/5CIO and IT Management A Complete Guide Rating: 0 out of 5 stars0 ratingsIT Manager A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsIT Strategy Essentials: A Practical Guide Rating: 0 out of 5 stars0 ratingsCIO Master: Unleash the Digital Potential of It Rating: 5 out of 5 stars5/5I/T Architecture in Action Rating: 0 out of 5 stars0 ratingsMeasuring Itsm: Measuring, Reporting, and Modeling the It Service Management Metrics That Matter Most to It Senior Executives Rating: 0 out of 5 stars0 ratingsThe Art of IT Management: Practical tools, techniques and people skills Rating: 0 out of 5 stars0 ratingsIT Operations Management A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsConfessions of a Successful CIO: How the Best CIOs Tackle Their Toughest Business Challenges Rating: 3 out of 5 stars3/5Ten Steps to ITSM Success: A Practitioner’s Guide to Enterprise IT Transformation Rating: 0 out of 5 stars0 ratingsITIL Integration Exercises Rating: 0 out of 5 stars0 ratingsCIO going on CEO: A Success Guide for Information Technology Professionals Rating: 4 out of 5 stars4/5Practical IT Service Management: A concise guide for busy executives Rating: 0 out of 5 stars0 ratingsThe CIO Paradox: Battling the Contradictions of IT Leadership Rating: 5 out of 5 stars5/5Implementing Itsm: From Silos to Services: Transforming the It Organization to an It Service Management Valued Partner Rating: 0 out of 5 stars0 ratingsIT Management Essentials: Key Fundamentals and Concepts Series, #1 Rating: 4 out of 5 stars4/5
Management For You
Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5Summary of The Laws of Human Nature: by Robert Greene - A Comprehensive Summary Rating: 4 out of 5 stars4/5Emotional Intelligence Habits Rating: 5 out of 5 stars5/5The New One Minute Manager Rating: 5 out of 5 stars5/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 30th Anniversary Edition Rating: 5 out of 5 stars5/5Managing Oneself: The Key to Success Rating: 4 out of 5 stars4/5The 5 Languages of Appreciation in the Workplace: Empowering Organizations by Encouraging People Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/52600 Phrases for Effective Performance Reviews: Ready-to-Use Words and Phrases That Really Get Results Rating: 3 out of 5 stars3/5Malcolm Gladwell's Blink The Power of Thinking Without Thinking Summary Rating: 4 out of 5 stars4/5The Motive: Why So Many Leaders Abdicate Their Most Important Responsibilities Rating: 5 out of 5 stars5/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Leadershift: The 11 Essential Changes Every Leader Must Embrace Rating: 5 out of 5 stars5/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Great Ceos Are Lazy: How Exceptional Ceos Do More in Less Time Rating: 4 out of 5 stars4/5The Leadership Challenge: How to Make Extraordinary Things Happen in Organizations Rating: 4 out of 5 stars4/5How to Get Ideas Rating: 5 out of 5 stars5/5The First-Time Manager Rating: 3 out of 5 stars3/5The Ideal Team Player: How to Recognize and Cultivate The Three Essential Virtues Rating: 4 out of 5 stars4/5Spark: How to Lead Yourself and Others to Greater Success Rating: 5 out of 5 stars5/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5The 360 Degree Leader Workbook: Developing Your Influence from Anywhere in the Organization Rating: 4 out of 5 stars4/5Developing the Leaders Around You: How to Help Others Reach Their Full Potential Rating: 4 out of 5 stars4/5Multipliers, Revised and Updated: How the Best Leaders Make Everyone Smarter Rating: 4 out of 5 stars4/5The 4 Disciplines of Execution: Revised and Updated: Achieving Your Wildly Important Goals Rating: 4 out of 5 stars4/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5
Reviews for IT Manager Budgeting Skills
0 ratings0 reviews
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