1.

What steps do you take to determine how to allocate a program’s budget?

Answer»

Below are some quick steps which can DETERMINE a PROGRAM budget-

  • Have a good UNDERSTANDING of your program
  • Research costs
  • Prioritize the budget by sorting out “the things to do”
  • Figure out GROSS Margin Profits
  • Cost of quality
  • Vendors BID analysis
  • Decides how to spend


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