Budget Gem 1: Agree onThe Purpose Of The Budget
Many organisations budget either because they have to, or because it’s something they always do. While visiting a large client who had expressed concern over the time it was taking to open up a budget data entry sheet, I was astonished to find it had around 1300 rows and 36 columns (they were attempting to set a budget for the next 3 years). A quick calculation showed that users were expected to enter around 46,800 numbers. Now assuming that you could enter numbers at the rate of 12 a minute, that would take each user approximately 65 hours to complete! This is assuming that they don’t have to think about what the numbers mean.n>