Financial Management
The Financial Management class was an excellent experience for me. I learned that I possess an ability to develop a basic line item budget and that I enjoy working the finances. The Finance Project-operating budget that I created for my program shows how the budget might change in the next three years. I do not anticipate that the budget for the workshops that we have been making available will increase in cost in the next three to five years. There might be some extra cost for purchasing food or marketing the workshops with more elaborate flyers to draw more interest but not a significant amount.
One assignment we were given was a breakeven analysis that taught us how to adjust costs to better serve the program. Since then I have begun to understand the relationship between financial management and program quality. The use of funds for the parent workshops will improve program quality and it will not only increase parent involvement but make resources available to the program parents. The first workshop this year will be homework help, the importance of attendance and how these two areas will help increase their student's performance in school. At some point our program will suggest collaborating with the school to open the workshops to all school parents.
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One assignment we were given was a breakeven analysis that taught us how to adjust costs to better serve the program. Since then I have begun to understand the relationship between financial management and program quality. The use of funds for the parent workshops will improve program quality and it will not only increase parent involvement but make resources available to the program parents. The first workshop this year will be homework help, the importance of attendance and how these two areas will help increase their student's performance in school. At some point our program will suggest collaborating with the school to open the workshops to all school parents.
Related artifacts can be found in the Project Section drop-down menu.