Keeping IT expenditures under control

To keep your company's IT expenditures under control, know how much you're spending and what you're spending it on. That might seem like simple advice, but it's not: it means having detailed conversations with your business counterparts so that you have a chance of adjusting the inputs when costs are an issue. Secondly, standardize your processes through the use of a standard framework like ITIL. Third, use a project management office staffed by independent analysts and managers whose major goal is business success. Fourth, use virtualization software to save some serious money. Finally, use sound business judgment; not every cost-control tactic results from using a specific technology or adhering to some arcane discipline.

Read more about effective cost containment:
- read the article at Baseline