IT Departmental Budget Template

The IT Departmental Budget Template workbook helps you plan all of your IT department's expenses for a full calendar year. It is an excellent tool for a new IT manager or department that hasn't yet established a budgeting process or wishes to improve the budgeting process. This template enables you to forecast both employee expenses and all other departmental expenses, including hardware, software, travel, and professional services.

The template contains categories for the following expense items, however it is very simple to add your own unique expense items and customize the template to the needs of your business. Key expense categories include:

Personnel & Development:

• Professional Development - Training, conferences, and capability improvements

• Recruiting fees for headhunters, advertisements, and search services

• Meals and entertainment for team building

Technology & Infrastructure:

• Software and hardware licenses with Finance coordination options

• Maintenance contracts spread over 12 months

• Miscellaneous software and hardware for productivity

Professional Services:

• Contract labor and consulting services

• Third-party processing and outsourced services

Operations:

• Office supplies, subscriptions, and professional dues

• Telephone, cellular, and wireless device expenses

• Travel including airfare, lodging, and transportation