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Cost control tips for budget owners

Tip 1: Cost Control

“I can’t control costs!”.

This is the first challenge all budget owners face.

Tip 2: Can’t Explain Costs

“I can’t explain why…”

This is the second challenge budget owners face.

Tip 3: Can’t Predict Costs

“I can’t predict with any level of confidence”

This is the third challenge budget owners face.

Budget Band-Aids

#1. The Buffer

“They cut our budget by 10% last year, so we need to add that to our submission this year.”

Sound familiar?

#2. The Bombshell

“Where are you getting your numbers from?”

This is the second band-aid budget owners face.

#3: The Balancing Act

“We are going to be over, so don’t book that out this month”

Have you heard this before?

#4. The Budget Bump

“We’ve always booked those costs to maintenance. They have the biggest budget”

Sound familiar?

#5. The Budget Bump

“I can’t predict costs with any level of confidence".”

Heard this before?

Case Studies