[Solution]Financial Proposal: Preparing Budgets

Using the template you’ve been working on during the past two weeks, complete the following components of your Financial Proposal’s budgeting section: Analyze variances or…

Using the template you’ve been working on during the past two weeks, complete the following components of your Financial Proposal’s budgeting section:

Analyze variances or areas where increased resources are needed (supply and demand).
Prepare the appropriate budgets for the proposal.
Evaluate the organization’s capital budget to determine if there are specific foundational donations available.
Develop a plan of evaluation for monitoring the budget, in which you will include: How often will you review it? What will you do with the data? Making adjustments to it.
Conduct a cost variance analysis.

This week’s paper is about the proposal, not last week’s financial system. The budget is what you are proposing to enable whatever it is you are advocating in your project. The variance is what exists now vs what your increase in expenditures would require. If you do not have “real” numbers, you will need to base your projection on something that you have learned about the costs involved to fund your proposal.
Write at least 1200 words and Citeat least 4 scholarly peer reviewed articles and an APAreference on all sources.

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