Why the Budget Matters

Extended Education  |  Hermitage CD

Covering the importance and usage of the budget.

with Bonni Georgi

Media

Slide Presentation

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Why the Budget Matters Slides
File Size:	1412 kb
File Type:	pdf

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Outline

1. The Project Budget
     a. Define Budget
     b. Importance of Budget
     c. Budgeted vs Projected

2. Establish Good Budgets
     a. Accurate vs Inaccurate Budgeting

3. Maintain Stable WIP Reports
     a. Budget Affect on WIP

4. Proper Projected Commissions
     a. Budget Affect on Projected Commissions

5. Evaluating Job Progress
     a. Labor Entry Challenges
     b. Tracking Labor Completion
     c. Budget Effect on Profitability

6. Project Challenges
     a. Actions That Change the Budget
     b. Actions That Change the Projected
     c. Business Challenges

7. Best Practices