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Course Description

Effective budgeting improves coordination within and between units of an organization. In this lesson, you’ll identify coordination problems and develop a master budget to address them. You'll examine how a flexible budget complements a static budget, explore the pros and cons of different methods of choosing a timeline and baseline, and identify critical paths that can be a source of bottlenecks that impede coordination. Finally, you'll explore ways to approach the negotiations at the heart of a budgeting process.

Benefits to the Learner

  • Explore the choice of timeline and baseline for budget creation
  • Identify critical paths, bottlenecks, and float within processes
  • Investigate methods to assign ownership and boost cooperation between organizational units
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Type
self-paced (non-instructor led)
Dates
Dec 01, 2023 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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