Develop and produce an action plan

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Reference no: EM133093031

Develop and produce an action plan or template for monitoring the actual figures against the forecasted budget.  With the action plan or template include a review process. 

Students must demonstrate how this monitoring will take place, monitoring periods, and how the final result will be shown. 

When including a review process as part of your action plan, consider the following points:

  • How and when will the review take place? How will adjustments be communicated?
  • What consultative processes need to be involved with the review?

Accuracy in budgeting is essential to its success or failure. In both tasks, mention how figures can be accurately maintained.

Reference no: EM133093031

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