Activity 7: Budgeting and Fundraising

·         Before you can really plan effectively for future ICT spending you need to be aware of what ICT you have currently  in school and what it is costing you to maintain and what it will cost to replace. In other words, the the Total Cost of Ownership (TCO) of a school's ICT totals all the costs associated with the purchase, implementation, operation and maintenance of the ICT (equipment costs / software and licences / technical support / broadband charges) must  be considered when budgeting for ICTs. The school must also  have a realistic training budget, in which ICT training for individual staff is an option, and  training costs built into major developments.

 Fundraising activities should also form part of the school's ICT budget so that a more realistic picture of the school's financial position can be seen.