This document discusses 5 common budgeting pitfalls to avoid when planning an information governance solution: 1) Not involving all departments in the planning process, 2) Lacking reliable spending data to justify additional funds, 3) Taking on too many projects at once without proper approval, 4) Allowing internal politics to influence resource allocation, and 5) Struggling to prove the ROI of information governance initiatives. It then promotes Daegis' information governance platform as a solution that provides budget predictability and a predictable pricing model without large upfront costs.