As part of my Master's Degree program, I have really been getting interested in the pitfalls of managing IT as an investment and asset. When companies construct new buildings, sign leases, and hire new employees (all assets) there are a number of underlying assumptions that most people are aware of. Like negotiating a lease termination fee or estimating local property taxes. These assumptions can have a rather large effect on a companies bottom line and are somewhat common sense (arguably) in the work place.
However, IT on the other hand requires a completely new set of expertise. The following article discusses 6 Common IT Budgeting mistakes. After reading them they all seemed like common sense (most good points do). However, I know there are a number of real-life situations just like this one. Something to keep in mind when trying to solve a problem with IT. "What will my operating costs be?" "What kind of reports will I need?" "What will my new problem be?".
Very good article.
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=321645
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