Helping managers build a budget

Overview

Last Published  01 August 2012

This tool introduces new managers to the basic building-blocks of the team's budget, and then asks them to research what financial parameters they have to work within. It uses the 'outputs-process-inputs' model to show managers how they can build a budget for their team. Starting at the output end, the tool asks managers to consider what they make or sell and then track it through to the resources that they use. 

Tool aim
  • To show managers how to use the 'outputs-process-inputs' model to build a budget for their team.