Virtual Training – Finance & Budgeting: Cost-Benefit Analysis Tool
Every manager should have a basic understanding of finance and budgeting decisions. A cost-benefit analysis is a financial management tool and one approach to manage resource-allocation decisions such as hiring a new FTE, reclassifying an FTE or purchasing new equipment or services. Resources should be spent if the expected benefits exceed the expected costs. This 1-hour session will cover a 6-step process to conducting a cost-benefit analysis.
READ MORE