Sharpening the focus of IT budgets
Conclusion: During times of tight corporate budgets the IT budget is often cut down. Planned IT projects are deferred and in some cases selected running projects are cancelled. Unless a systematic and economically sound approach for allocating IT budgets is used, the result can easily backfire, leading to increased operational costs and unusable half-finished applications. Yet, if the right steps are taken, a reduced IT budget provides the ideal opportunity for decommissioning cost ineffective legacy systems and for refocusing attention on those applications that really matter.