What steps do you take to determine how to allocate a program’s budget?
Below are some quick steps which can determine a program budget-
- Have a good understanding of your program
- Research costs
- Prioritize the budget by sorting out “the things to do”
- Figure out Gross Margin Profits
- Cost of quality
- Vendors bid analysis
- Decides how to spend
BY Best Interview Question ON 13 Aug 2021