How you personally budget your monies and expenses

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Questions:

  • Think about how you personally budget your monies and expenses. What challenges are there? Do you actually write down a budget and follow it? How is this similar/dis-similar to a budget your might be responsible for in a HCO?
  • Consider a typical year in any healthcare organization. Brainstorm and list a minimum of 10 things that might happen which would impact or potentially change budget. List them and indicate if it is a positive or negative impact.
  • What are some things a manager could do to deal with unanticipated events affecting a budget as you have listed above. Pick three of the things you listed above, and provide some ways a manager could deal most effectively with those issues.

 

 

Reference no: EM133593535

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