What is a good budgeting process

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Reference no: EM133748588

Discussion Post: Budgeting

I. Budgeting is technical and political. In what sense is the preparation of the annual executive budget a technical task? How and why is the process of preparing and approving the executive budget highly political?

II. What are the most and least effective ways to engage various stakeholders in the budget-making process? How can we structure budget processes to minimize conflict and maximize engagement?

III. What is a good budgeting process? Are our budgeting processes working well? What changes in the system can make improvements in budgetary processes?

IV. As a public manager, what is the best way to respond to a potential budget cut? Explain your two preferred strategies, one on preparation, one on approval. How about when expanding programs? Are they different?

Reference no: EM133748588

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