Designing and developing budgets is an operations management function. Gathering, collating and interpreting the data/ information for developing and communicating the budget is an information management function.
Monitoring budget applications is a performance management function
This module covers:
- Ensuring budget
objectives are clear and consistent
- Cash, expenditure and revenue items
are clearly defined
- Communicating budget
with stakeholders
- Setting the budget time frame
- Documenting budgets
- Reporting