Managing Budgets

Managing budgets is a set of skills in fiscal management, planning, and adherence to process that ensures the ability to maximize organizational group resources. Learning how to manage budgets strategically affords supervisors the insights necessary to establish and achieve realistic goals. Supervisors display skills through responsible allocation of funds, anticipation of future needs, proficiency in UIC budgeting policies, and cost estimates that are complete and thoughtful.

While not all supervisors at UIC have direct responsibility for budgets in their area, a basic understanding of practice in business operations encourages good decisions.