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Preparing and Evaluating Budgets
- Gathering information
- Study all relevant budget material and anticipate future needs by gathering data on forthcoming plans.
- Ensure that budget proposals incorporate all elements.
- Translate organizational objectives, priorities, and analysis of current resources into accurate budget proposals.
- Preparing
- Prepare highly accurate and precise estimates of costs.
- Obtain the most recent cost estimates from vendors or catalogs.
- Ensuring accuracy
- Recognize and correct misstatements or errors of omission in budget proposals.
- Effectively consolidate budget requests and proposals of multiple units.
- Ensuring completeness
- Prepare budget justifications and proposals that reflect the needs of the office.
- Submit proposals that are thorough and accurate, and that receive management acceptance with little or no questioning.