Question: develop a Procedures to review resource allocation against business unit objectives. Included the following: 1. Cost-effectiveness 2. The process for resource planning. 3. What model
develop a Procedures to review resource allocation against business unit objectives.
Included the following:
1. Cost-effectiveness
2. The process for resource planning.
3. What model could use to evaluate and measure the resultant resource planning. will need to include tolerances that will trigger the
implementation of strategies for dealing with expenditure over budget.
4. A process for comparing the forecasted budget to actual resource costs according to organisational requirements, including strategies for dealing with expenditure over budget.
5. The result of the measurement be it unfavourable or favourable will need to be predetermined in the set of parameters for the model chosen.
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