At the IVK Corporation, how should the IT budgeting process work, and who should "own" the budget, or pieces of it? Why? Compare whats happening there now with options you find in ISM. Why is Jim Barton giving his boss frequent updates? How do you evaluate his approach of providing the best information available at the time as compared with Davies' approach? How do budgeting and communication relate to "one neck in the noose"? If you know, how does IT budgeting work at an organization with which you are familiar? What benefits and problems have you seen associated with this budgeting process?