There are 2 factors that you can secure a computer upgrade.
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Best performer in the team (People recognize your results & efforts), use this to leverage to ask for computer upgrade. Its justifable if the company wants higher yield in results, in terms of ROI.
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Computer hardware fails/slower down in performance in the DAMN major project you are working on. It’s also justifable if you are meeting for datelines with client or meeting KPI.