When it comes to budgeting for IT, there are many factors to consider. From hardware and software expenses to internal labor costs, it's important to have a clear understanding of what should be included in an IT budget. When it comes to hardware expenses, items such as server racks, computers, and other equipment should be included. Additionally, any maintenance costs associated with these items should also be taken into account.
In the case of major revisions or upgrades, these should be considered IT project expenses. It's also important to factor in the cost of internal labor for IT staff. This includes the cost of maintaining hardware and software, as well as any other tasks related to IT. Finally, it's important to get the approval of executives, directors, and board members when creating an IT budget.
These individuals often have the final say on whether a budget is approved or not, so it's important to make sure they are on board with the proposed budget.