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IT Budgeting and Cost Management Quiz

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1. What is the primary goal of IT budgeting in an organization?

2. Which of the following best describes 'Capital Expenditures' (CapEx) in IT budgeting?

3. Operational Expenses (OpEx) in IT include all of the following EXCEPT:

4. What is the 'Total Cost of Ownership' (TCO) in IT?

5. Which of the following is a KEY factor in a successful IT budgeting process?

6. In IT budgeting, what does 'Return on Investment' (ROI) measure?

7. What strategy involves spreading IT costs over time rather than incurring them all at once?

8. Which of the following metrics is NOT directly related to IT Cost Management?

9. How does cloud computing impact IT budgeting?

10. Which of the following strategies can help manage IT costs effectively?