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Request # VIA Office Use Only Request Title: Department: Division: Div. Priority of Instructional Technology/Multimedia Budget (IAMB) Request Form (2014/15 and 2015/16) Description of Item Requested
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How to fill out instructional technologymultimedia budget itmb

How to fill out instructional technology/multimedia budget (ITMB):
01
Start by gathering information: Before filling out the budget, gather all relevant information about the instructional technology/multimedia needs of your organization or department. This may include the specific software or hardware requirements, estimated costs, and any existing equipment or resources that can be utilized.
02
Identify budget categories: Determine the different budget categories that need to be included in the ITMB. This may include areas such as software licenses, hardware purchases, maintenance and support fees, training expenses, and any other relevant expenses.
03
Estimate costs: Once you have identified the budget categories, estimate the costs associated with each category. This may involve researching market prices for equipment, software licenses, or consulting fees. You can also consult with vendors or experts in the field who can provide guidance on cost estimates.
04
Create a budget template: Develop a budget template that outlines all the budget categories and provides space for entering the estimated costs. Include columns for the actual expenses and any remaining funds.
05
Allocate funds: Determine the allocation of funds for each budget category based on the estimated costs. Prioritize the categories based on their importance and allocate the appropriate amount of funds accordingly.
06
Consider contingencies: It is important to account for unexpected expenses or contingencies in the budget. Allocate a portion of the funds as a contingency reserve to cover any unforeseen costs that may arise during the implementation of the instructional technology/multimedia projects.
07
Review and revise: Once you have filled out the budget, review it carefully to ensure accuracy and completeness. Make any necessary revisions or adjustments based on new information or changing requirements.
Who needs instructional technology/multimedia budget (ITMB)?
01
Educational institutions: Schools, colleges, and universities may require an ITMB to support their instructional technology needs. This can include purchasing software licenses, upgrading hardware, providing training for teachers, or implementing multimedia resources for students.
02
Businesses and organizations: Companies and organizations that heavily rely on instructional technology and multimedia resources, such as training programs or e-learning platforms, will need an ITMB. It helps to allocate funds for the purchase and maintenance of technology equipment, software licenses, and any related expenses.
03
Government agencies: Government departments or agencies that utilize instructional technology and multimedia resources for their training programs or public education initiatives will also require an ITMB. It enables them to budget for necessary technology investments and ensure smooth operations.
In summary, filling out an instructional technology/multimedia budget involves gathering information, identifying budget categories, estimating costs, creating a template, allocating funds, considering contingencies, and reviewing and revising the budget. Educational institutions, businesses, and government agencies are examples of entities that may need an ITMB to support their instructional technology needs.
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