I.Predictable Annual Expenditures

Simply put, fixed operational expenditures keep the lights on$.$ They are mainly hardware and software maintenance items, licensing, etc.

These are expected costs of doing IT business. If$,$ however, you are purchasing more hardware or software that will require additional

annual maintenance and license agreements, you$$ll need to defend those purchases and the annual expenditures that will remain for the

company.

II$.$New Purchases

Any new purchases you recommend need to be justified. Why are you purchasing them? What benefit do you expect from the purchases?

You$$ll need to justify the purchases relative to the previous competency assignments$$Reynolds$$ business situation and goals. For

example, how will a new investment in hardware, software, or services achieve a competitive advantage for the company? What do you

think the company needs to purchase to achieve its expansion goals? How much will outsourcing cost?

III.Special Projects and Long$-$term Strategic IT Investments

As CIO, you need to look at technologies in the context of long$-$range strategic planning. Think of this section as your wish list. The

investments in this category may not help the organization achieve its short$-$range goals, but they$$re considered a long$-$term investment in

innovation to remain competitive. For example, a manufacturing facility may consider artificial intelligence and robotics as a long$-$range

plan.

Example S put, fixed operational expenditures keep the lights on$.$ They are mainly hardware and software maintenance items, licensing, etc.

These are expected costs of doing IT business. If$,$ however, you are purchasing more hardware or software that will require additional

annual maintenance and license agreements, you$$ll need to defend those purchases and the annual expenditures that will remain for the

company.

II$.$New Purchases

Any new purchases you recommend need to be justified. Why are you purchasing them? What benefit do you expect from the purchases?

You$$ll need to justify the purchases relative to the previous competency assignments$$Reynolds$$ business situation and goals. For

example, how will a new investment in hardware, software, or services achieve a competitive advantage for the company? What do you

think the company needs to purchase to achieve its expansion goals? How much will outsourcing cost?

III.Spe