This unit looks at preparing a budget, understanding the budget process, how budgets affect the whole organisation, using budgets, analysing budgets and the supervisor’s role in implementing the budget.
Target Audience
- Middle and Senior Managers
- Post Grad and/or Post experience Managers
Anybody wanting to develop skills and knowledge in a particular management field at postgraduate or post experience level.
Objectives
Enable students to prepare a budget according to their objectives and limiting factors
Help students to understand the benefits and uses of budgets
Show students how to use the budget in their everyday work situation
Enable students to understand how different types of budget suit different situations
Provide students with tools to analyse their own budgetary system
Preparing budgets
What is a budget?
Budgets and objectives
Preparing budgets
Planning production
Sales budgets
Zero base budgeting
Cash budgets Some benefits of budgets
Using budgets
The importance of feedback and communication
Analysing budgets
Accountability
Flexible budgets
More benefits of budgets
The supervisor's role
(Normally delivered within 5-10 days)
(Publisher: Select Knowledge) | 
