Business Budget Management

By: Robert II Smith


The process of Needs Analysis concerning this particular proposal is to find out the skills gap that is in the delegates who attend this training program. It also includes the methods that are to be followed in the development process, and the reasons behind choosing the methods etc.

The actual necessity was originated from the lack of certain budget management skills in managers and to manage future budgets also. This training program was opted by Best Training, and Kim Summers was the one chosen by the group to deliver the training, but the all the training would be given in Bourne Mouth Training Center. The Course should get completed by the end of July, as proposed by Kim Summers.

The major requirements were that the training center could not offer a Course on Finance, would allow the management delegates to have a good knowledge on budget managing, since the managers and team leaders who would be attending this training program have very little and to be precise no experience and knowledge on budget managing. Having an additional qualification towards personal development would also benefit Kim Summers and as a result she could be producing evidence for CIPD. Since

To provide a clear understanding on the budget management and , to gather experience in budget preparation and to guide the delegates how to manage and control expenditure. These three requirements are found to be lacking in the managers. The motivation behind conducting this training is that the changes in financial support that takes place in the business field, and to cope up with the external influences and pressures from both the legal and management side concerning finance etc,. The field of business needs special training programs to be implemented in order to transform the business level to travel equal with other businesses , since the changes that occur in technology and working style, and the variations in the type of customers and their expectations leads to the alterations in the activities of the competitors.

As a result in the over all market place a wide range of organizational is taking place often. Having this in mind many business organizations and business training centers work out on implementing training and needs analysis so that these changes could not affect their financial, production and marketing side of their business. A multi-skilling effect is absolutely required in manages and other managing staff. The problems that come out in an individual and from a group also needed to be solved. Here the problem is focused only on the managers.

The course will be trained by Kim Summers with the help of Best Training in Bournemouth Training Center, as they could not offer a course especially on finance. Those who get trained will be the line members will be less comparatively with other training programs because all are line managers and team leaders, they will be focused on different aspects of financial managing and as said before they do have acquaintance with profit and loss variations in financial aspect of their business. This should be achieved by giving them exercises on various fields of finance or budget management. The locality is a posh one and it is located in one of the most important business canters in the United Kingdom , the other facilities are also seems to be favorable such as transportation, refreshments, various business centers and it is also convenient for the physically challenged to come and participate in this training well located for all kinds of business meetings.

The resources and the methods, which have been selected, for this training program carry most of its exercises with the help of computer and internet. The method of giving visualized training comes under this category. Since visualization methods that are applied in training gives a better result in the understanding of the proposed aim of the training helps in practical application of the methods taught into the real business field.


Robert Smith was born in New York in 1956. He has spent more than 12 years working as a professor at New York University. He is always fond of helping students with academic writing. Now he spends most of his time with his family and shares his experience where to find custom papers for sale and customized papers for money.