Title:Organizational Budgeting Activities and the Master Budget
PMI Product ID:00101504700
PDU Category:CategoryA
PMP® PDUs:1
PgMP® PDUs:1
Price:$65.00
Member Price:$45.00
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Student Member Price:$45.00
  
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Detailed Description:This course requires Adobe Flash Player version10.xx, 11.xx or 12 to run.

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Delivery Method:E-Learning (Self-Paced)
Duration:1 Hours
Course Objectives:A budget is a financial blueprint for planning an organization's activities and controlling its performance over a designated period of time. It helps allocate an organization's resources as it pursues its financial goals. Organizational budgeting refers to activities that focus on the creation of organizational and departmental budgets, their allocation, and their use in monitoring an organization's activities. Departmental heads, managers, and professionals throughout an organization deal with budgets one way or other in their day-to-day operations, and familiarity with an organization's key budgeting activities is expected at every level. This course presents an overview of various budgeting activities in an organization and describes how best to organize these activities. The course also introduces the master budget and its components, defines how it is prepared and shows how various departmental budgets are organized within it. By the end of the course, you should:

•analyze the budgeting approach used in a given scenario
•determine the most appropriate approach for estimating budgets in a given scenario
•sequence, in the order in which they are created, the budgets that comprise the master budget
•match the reviewing and approval activities to their benefits

Appropriate Audience:Finance and nonfinance professionals, functional managers, executives and all individuals involved directly or indirectly with the budgetary planning and an organization’s control
Technical Requirements:Browser: Microsoft Internet Explorer 8 and 9 or 10 and 11 in “compatibility mode” Firefox 20.x or higher, CHROME 30.x or higher
Internet Connection: 56 KB Modem as minimum, 128 KB recommended
Memory: 256 MB minimum, 512 MB recommended
Operating System: Windows 2000, XP or Windows 7 or 8 (This course is not supported on iOS phones and tablets)
Plug-in: Macromedia Flash 10 or higher plug-in
Processor: Pentium II 300 minimum, Pentium III recommended
Speakers: Multimedia speakers or headphones
Course Level:Foundation
  
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