Financial Management for IT Services

4 important questions on Financial Management for IT Services

Where does Financial Management for IT Services stand for?

To secure the appropriate level of funding to design, develop, and deliver services that meet the strategy of the organization

Name the 3 types of funding models

  1. Rolling plan - constant cycle of funding
  2. Trigger based - for example, change management
  3. Zerobased - Funding actual costs of IT to bring the balance of the IT center back to -0-.

What is a Cost Model?

A framework that allows the service provider to determine the costs of providing services and ensure that they are allocated correctly

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Which types of Cost Clarifications are there?

Capital or Operational

Direct or Indirect

Fixed or Variable

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