Operating Budget

Write a 3-5 page executive summary that justifies the operating budget you prepared in Assessment 2. Consider the operating budget you developed in Assessment 2. Competency 1: Design an operating budget that incorporates variances or discretionary spending. Outline a strategic plan that ensures profitability and fiscal success. Competency 2: Develop a plan for managing the labor force, within the parameters of the budget and productivity. Present a plan to meet staff productivity goals, while staying within budget parameters. Competency 4: Determine the equipment and services needed to maintain seamless patient or client care. Justify equipment and service costs. Competency 5: Apply financial principles to a strategic plan for achieving organizational goals and fiscal success. Analyze department, unit, or project alignment with an organization's mission and goals. Competency 6: Communicate effectively with diverse audiences, in an appropriate form and style, consistent with applicable organizational, professional, and scholarly standards. Write clearly and concisely, using correct grammar and mechanics.