For a variety of reasons, IT organizations are under pressure to reduce the cost of IT and to use IT to reduce the operating costs of the enterprise. This report compiles a list of common IT-related budget-cutting ideas with links to specific research currently available from Gartner. While there are many options, the potential benefits and risks of each vary wildly, and this checklist will help readers understand the implications of potential cuts from the perspective of potential return on investment, organizational risk, technical risk, and the amount of time and investment required to execute.