We're Open
+44 7340 9595 39
+44 20 3239 6980

1.1 Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives

  100% Pass and No Plagiarism Guaranteed

1.1 Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives

Unit 19: Manage a budget A/506/1995
Learning Outcome - The learner will:
Assessment Criteria - The learner can:

1. Understand how to identify financial requirements

1.1
Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives
1.2
Analyse the components of a business case to meet organisational requirements
1.3
Analyse the factors to be taken into account to secure the support of stakeholders
1.4
Describe the business planning and budget-setting cycle

2. Understand how to set budgets

2.1
Explain the purposes of budget-setting
2.2
Analyse the information needed to enable realistic budgets to be set
2.3
Explain how to address contingencies
2.4
Explain organisational policies and procedures on budget-setting

3. Be able to manage a budget

3.1
Use the budget to control performance and expenditure
3.2
Identify the cause of variations from budget
3.3
Explain the actions to be taken to address variations from budget
3.4
Propose realistic revisions to budget, supporting recommendations with evidence
3.5
Provide budget-related reports and information within agreed timescales
3.6
Explain the actions to be taken in the event of suspected instances of fraud or malpractice

4. Be able to evaluate the use of a budget

4.1
Identify successes and areas for improvement in budget management
4.2
Make recommendations to improve future budget setting and management

100% Plagiarism Free & Custom Written,
Tailored to your instructions


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

UK Registered Company # 11483120


100% Pass Guarantee

STILL NOT CONVINCED?

View our samples written by our professional writers to let you comprehend how your work is going to look like. We have categorised this into 3 categories with a few different subject domains

View Our Samples

We offer a £ 2999

If your assignment is plagiarised, we will give you £ 2999 in compensation

Recent Updates

Details

  • Title: 1.1 Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives
  • Price: £ 79
  • Post Date: 2018-11-12T07:28:30+00:00
  • Category: Assignment
  • No Plagiarism Guarantee
  • 100% Custom Written

Customer Reviews

1.1 Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives 1.1 Explain how to calculate the estimated costs of activities, resources and overheads needed to achieve objectives
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

The writer 0223 is really helpful. He gave me the best essay ever. Love you loads for such a great job and thanks again.
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

My psychology assignment just came on time and the overall quality is good. It’s also free from errors. I simply loved it!