If you're involved in a nonprofit organization, you likely know all too well the importance of budgeting. In this course, you will gain an understanding of the uses and functions of budgets and the relationship between strategic budgeting and tactical budgeting.
If you're involved in a nonprofit organization, you likely know all too well the importance of budgeting. In this course, you will gain an understanding of the uses and functions of budgets and the relationship between strategic budgeting and tactical budgeting.
You will also learn about the organization-wide budget and different budget systems. After introducing the basics of budgeting in a nonprofit, the course continues on to slightly more advanced budgeting topics such as capital budgets, cash flow budgets, and opportunity budgets.
You will also learn how nonprofit organizations are using different budgeting techniques to handle operating challenges.
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Unless you expect your organization to be stable in the short, medium and long term, you need to understand how to create long-term balance sheet and cash flow projections. Growing organizations must know whether they will have the resources to execute their business plan.
The Cost Management Plan establishes how cost on the project will be managed and is primarily concerned with the cost of the resources needed to complete project work.
In this two-day course, attendees will apply proven techniques to case studies and learn how to ask the right questions and tackle technical matters. By following the skills learned in Controlling Construction Costs, participants can direct and regulate many aspects of construction activity.
Budgets are the foundation of nonprofit finance and are vital to your organization’s strategic planning and management. Budgeting can seem overwhelming, but it doesn’t have to be.
In this course, you will learn the skills you need to effectively establish and manage a realistic schedule and detailed budget. Through hands-on exercises, you'll learn to develop an integrated budget and schedule while monitoring project performance during execution.
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