4

Technology and budgeting

Abstract:

Technology is expensive. How often should technology be replaced? This chapter discusses the basic budgeting process, the core concepts behind them such as ‘prevention vs. reaction’, ‘quality vs. quantity’, and ‘replacement vs. repair’. How to prioritize and the current budgeting trends for libraries are also discussed.

Key words

budgeting

technology

zero-sum

line-item

prevention

prioritizing

trends

quality

quantity

replacement.

There are many different approaches to information technology budgeting: prevention vs. reaction, quality vs. quantity, replacement vs. repair and zero-sum vs. line item budgeting. All technologies should be considered consumables that will require consistent maintenance and repair ...

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