Course Outline

The course is designed to help those in mid-level or line manager positions in organizations or projects manager who do not have financial backgrounds to understand more about the behind-the-scenes activities involved in selecting, collecting, and monitoring data involved in typical budget development.

It will help manager who do have strong financial backgrounds develop their subordinates' knowledge and skills so they can confidently accept a greater responsibility in managing the department's budget. Participants are taught how to analyze critical historical data for making confident predictions of future demand on equipment, staffing, and other budget-sensitive resources.

Learning Objective

At the conclusion of Boss Budgeting, the student will learn:

• What Need For A Budget.
• Important Topics to Consider When Developing a Budget.
• What is Pain Point When Developing a Budget?
• Why the Quality of Leadership Skills Must Be Considered When Developing a Budget.
• How to Develop a Budget Using Historical Data.
• How to Use Various Data Forecasting Methods and When.
• Each Department's Role And Responsibility In Managing Their Share Of The Budget
• Developing a Budget Monitoring Process.