Skip Navigation
 

Gather Here. Go Far

With locations in Tahlequah, Muskogee and Broken Arrow, NSU is Oklahoma’s immersive learning institution. Choose from in-person, blended or online learning options.

Explore Our Degrees

Scholarships

NSU is committed to assisting students in applying and earning scholarships. Whether you are an incoming freshman or a continuing/returning student, NSU has a wide variety of scholarship options for students to choose from.

Learn More

Clubs and Organizations

From networking to leadership opportunities, NSU’s over 80 clubs and organizations allow our students to build lasting relationships while getting the full college experience.

Learn More

Transfer Students

Whether you’re an incoming or current transfer student, NSU’s transfer advisors are available to assist you with transcript evaluation, information on degree programs and support services. NSU is where You Belong.

More Information

Graduate College

Whether transitioning to graduate school or returning to higher education, NSU’s graduate college is your next step. Choose from over 25 master's degrees and several certificate programs.

Learn More
Academics/Continuing education/Courses/Budgets

Understanding & Managing Budgets Course

Register

  • Dates: Open enrollment
  • Duration: 90 days
  • Time: 3 hours
  • Location: Online
  • Course Fee: $95.00 USD
  • CEUs: .3 CEUs | 3 PDUs Total PMI PDUs/Contact Hours: 3 Strategic & Business Management: 2.25 Technical: 0.75 IACET CEUs: .3
  • Code: 01-PRO-BUS-ON
A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

Learning Outcomes

  • Recognize the uses and functions of budgeting
  • Recognize the key activities, considerations, and benefits of strategic organizational planning
  • Recognize the purpose and make-up of a master budget
  • Identify the components and calculations used to create a master budget and recognize uses for this information
  • Identify the components and purpose of an operating budget
  • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
  • Recognize the purpose of cash budgets and how they are prepared
  • Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system

Key Features

  • Expert-supported Mobile-friendly Accessible Badge and credit-awarding Games & Flashcards Video content Real-world case studies Audio-enabled in app
  • Refund Policy
  • You may request a refund up to 5 days from the purchase date. The registration fee will only be refunded if less than 10% of the course has been completed. Completion percentage can be viewed on the Course Progress page from within the course.

Notes
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

This course does not require any additional purchases of supplementary materials.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.

Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.

Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK Guide) Sixth Edition, Project Management Institute Inc., 2017.

The following list outlines the PDUs you will earn for completing this course, based on the certification you have.

PMP /PgMP: Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3
PMI-RMP: Technical: 0 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.25
PMI-SP: Technical: 0.5 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.75
PMI-ACP: Technical: 0 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.25
PfMP: Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3
PMI-PBA: Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3