Building an Organizational Budget
What you'll learn
- Ensure proper allocation of various budgets within a program
- Streamline and transform budgeting processes within the organization
- Analyze & determine the budgeting concept and approach appropriate for your project /organization
- Plan, review and account for all dollars of budget allocation /align with cost management protocols
- Understand the importance of team communication and implementation of financial protocols within budgeting methods
- Increase accountability and establish a regular performance management process
- No accounting experience needed
- Business acumen suggested
- Understanding & use of basic Microsoft Office components
NASBA CPE accredited course
National Association of State Boards of Accountancy (NASBA)
NASBA CPE credits: 1.8
Recommended NASBA field of study: Business Management & Organization
Program level: Basic
To earn NASBA CPE credits:
- Complete all videos
- Score 70% or higher on final exam
Glossary: Find PDF attached to the first lecture of this course.
Completion to obtain CPE should be accomplished a year after purchase date.
If you undertake this course for NASBA CPE credits, please complete the Self Study Course Evaluation.
If you are a colleague who is often chosen to lead your teams projects without much guidance, this course is most likely for you.
This course is for anyone wanting to understand and develop in business, budgeting, and/or management. Whether you are a Manager, Project Manager, Product Owner, beginner, or aligned to any mid-level leadership role, everyone plays a part in a project budget at one time or another.
I created this course filled with actionable lessons and insights from my 14 years of experience in Finance & Technology program management.
In my experience of being a member of ample projects, I often found the projects were running short on the budget and in turn caused several project delays. Many times, resource allocation for projects are not properly planned so costs for vendors/contractors often aren’t accounted for and teams run out of money for projects. (New contracts needed to be signed, new resources brought on, or not enough money to maintain the current contract resources)
So many company leaders are unaware of the different types of budgets and which to use for their project, some do not have an understanding of where to start in creating a budget or how to communicate with their team.
This course is a simplified approach to understanding how to create, manage and strategize a variety of budgets in the workplace or in your business. In this course, you will learn the 4 major types of organizational budgets which can be used for individual programs/projects or for an entire company. Alongside the conceptual understanding of organizational budgeting, is learning how to integrate communication aspects and engage your team and stakeholders, which is also discussed in this course. The best thing about this course, zero accounting experience is required.
This course is complete with 4 sections of impactful modules filled with activities that anyone can implement through taking the course.
Specifics of what is covered
Understanding Organizational Budgeting
A deep dive into the 4 major types of Organizational Budgets (Incremental Budgeting, Activity-Based Budgeting, Value Proposition Budgeting, and Zero-Based Budgeting)
Analyzing and identifying your team's stakeholders
Executing your communication strategy with your teams
Activity mapping for your budget along with budget allocation
Distinguishing differences in the choice of budgets and how to choose a proper budget
Evaluating the appropriate budget for your team
Implementing various budget strategies
Developing a budget proposal
Recognizing best practices in budgeting
This course is meant to empower you in your leadership process along with providing actionable plans that you can apply to your current or future projects.
What are you waiting for? Enroll today to gain skills needed for your next project which may require you to manage or propose a budget.
CPE (Continuing Professional Education)
Ensure proper allocation of various budgets within a program
Streamline and transform budgeting processes within the organization
Analyze & determine the budgeting concept and approach appropriate for your project /organization
Plan, review and account for all dollars of budget allocation /align with cost management protocols
Understand the importance of team communication and implementation of financial protocols within budgeting methods
Increase accountability and establish a regular performance management process
For more information regarding administrative policies, please contact our support using the Help and Support link at the bottom of this page.
Who this course is for:
- Beginner to mid-level leadership (Managers, Product Owners, Project Managers, etc.) who need to create a budget for their projects or programs
Angel Radcliffe is a FinTech professional with 10+ years post-MBA experience. Her specialty includes Digital & Financial Transformation related to business processes and automation within accounting/finance departments. She has a track record of executing projects across Global & Domestic teams in the corporate space. Angel is also driven by a passion for financial literacy and owns a financial education company where she works to empower consumers & entrepreneurs through financial management. Ms. Radcliffe is a recipient of the National Financial Educators Award and has been featured in various media outlets including; Yahoo Finance, Business Insider, Experian, American Express, Huffington Post, FOX and more.