Develop procedures to review resource allocation against business unit

objectives. Make sure you include the following:

1. Cost-effectiveness

2. The process for resource planning.

3. What model you will use to evaluate and measure the resultant resource

planning. You 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 your set of parameters for the model chosen.