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Use Zero-Based Budgeting for Projects—As CIOs begin preparing for their 2011 budgets, they should adopt zero-based budgeting for projects in 2011. CIOs need to strongly suggest to C-level executives that all business unit executives sign documents affirming their understanding of:
•the one-time costs that will be incurred to implement their 2011 projects;
•the annual recurring costs required to maintain those projects once they are completed.
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