Budgeting for physical security programs requires balancing safety and costs, ensuring a strategic return on investment while aligning security measures with organizational goals.
Security leaders should approach budgeting with a business mindset, starting with a thorough risk assessment and understanding the specific physical security needs of the organization.
Understanding different budgeting methods, such as zero-based and incremental budgets, is crucial for security leaders to effectively allocate resources for both operational and capital investments.
Organizations must clearly define their operating, capital, and project budgets, ensuring that every financial aspect is considered in the budgeting process for security.
Collection
[
|
...
]