December 10, 2021 by Admin
After shifting from lease to purchase of IT infrastructure and software licenses, an enterprise has to pay for unexpected lease extensions causing significant cost overruns. The BEST direction for the IT steering committee would be to establish:
- a program to annually review financial policy on overruns.
- an end-of-life program to remove aging infrastructure from the environment.
- budget cuts to compensate for the cost overruns.
- a policy to consider total cost of ownership in investment decisions.