OK, you already know that your budget may be among the first to be affected. And that means making hard choices, particularly involving IT projects, both planned and under development.
The concept of triage comes from medicine, and in particular medical treatment under difficult circumstances--war, epidemic, disaster--where the number of people needing treatment exceeds the resources available.
As an IT manager facing a budget freeze or cut in these very difficult economic times, you will likely have to carry out a similar process of IT project triage.
Source: Baseline