Page 7 - Budgeting for Managers

Contents
vi
5. Planning and Budgeting a Project
Define the Project
73
84
Create the Work Plan
Calculate the Cost
89
Tracking a Project 72
89
Manager’s Checklist for Chapter 5 90
6. Checking It Twice 92
Using a Partner for Proofreading 92
Errors Created by Spreadsheet Programs 93
Automatic Cross-Checking in Spreadsheets 96
Document Version Control 97
Verifying Budgetary Assumptions 100
The Final Proofreading Steps 101
Manager’s Checklist for Chapter 6 101
7. Preparing for Presentation 103
Combining Parts of Your Budget 104
Revising Budgetary Assumptions 107
Creating Templates and Formatting a Budget 109
Adding Account Codes 110
Preparing a Budget Presentation 111
Presentation Formats 117
Manager’s Checklist for Chapter 7 121
8. Budgetary Spending 123
Getting the Budget Authorized 123
Adjusting to the Authorized Amount 126
Setting up Your Budget with Accounting 128
Spending at the Beginning and the End of the Year 133
Manager’s Checklist for Chapter 8 134
9. Tracking Your Budget 136
Authorizing and Tracking Expenses 137
Closing a Budget Period 142
Comparing Estimated Versus Actual Budgets 144
Overspending and Underspending 144
Adjusting the Budget 147
Reviewing Financial Statements 147
Manager’s Checklist for Chapter 9 151
10. Budgeting and Human Resources 153
HR Management and HR Services 154
Use of Consulting Services and Outsourcing 155