Page 201 - Budgeting for Managers
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Mastering the
TEAMFLY
Budget Process
The more you know, the easier it gets.
—Anonymous
f you’ve come this far, then you know all the parts of the
Ibudget process, but there’s still much more to learn. You can
continue to improve your budgeting and management skills for
the rest of your career. Here in this last chapter, we’ll look at
specific steps that you can take to learn more, succeed more
fully in budgeting, and be more successful as a manager:
•Negotiating for your budget
•Improving your estimation skills
•Timing your budget preparation
Negotiating for Your Budget
One problem that every company faces is sometimes called ver-
tical communication. There are barriers in talking with your boss,
and when there’s another boss above that, and then another, the
folks at the top rarely have a good idea of what’s really going on
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