What is ITIL Financial Management?
I came across ITIL when I had my project management courses a couple of years back. ITIL is the most widely adopted approach for IT Service Management all over the world. It is sort of a standard adopted by thousands of organizations worldwide, such as NASA, the UK National Health Service (NHS), HSBC bank and even Disney! So it is pretty popular in the IT world. This is the reason why our company would want to implement the standards of ITIL in the service that we provide within the company. After all, we would want the best solutions for the company.
But what is ITIL Financial Management? The ITIL Financial Management provides an IT Cost Management for the IT resources and services that you provide. It allows you to control expenses, making sure that these are within the budget and very well spent. In short, you get an IT Financial Management of the project that you are currently working on. You see, if you control the project costs and resources properly, you can be assured that your project will be a success. With this your managers will be happy, users will be satisfied and you get to expect more projects in the future.
