Application leaders struggle to get support for product-based budgeting, especially during a downturn, despite its fit for lean, uncertain times. They need to persuade finance leaders to start product-based budgeting now by showing how it speeds up delivery, reduces waste and increases transparency.
3 Keys to Persuading Your CFO to Use Product-Based Budgeting
Published 8 June 2020
Application leaders responsible for application and product portfolio governance should use these three keys to persuading CFOs to embrace product-based budgeting:
Key 1: Build the CFO’s trust
Key 2: Illustrate how to reduce project management waste by showcasing business-IT collaboration and the money and time savings from product roadmap best practices.
Key 3: Promote transparency and traceability