PART 1 discussion Compare and contrast the differences between various types of budgets: capital budget, operations budget, zero-based budgeting, and conventional budgeting. Explain your experience with any of the various types of budgets. If you don’t have experience make a determination about which one may be the most challenging to manage and explain why. 175 work count Cite at least one source in APA-format. Part 2 Financial Proposal: Preparing Budgets Using the template you’ve been working on during the past two weeks, complete the following components of your Financial Proposal’s budgeting section: Analyze variances or areas where increased resources are needed (supply and demand). Prepare the appropriate budgets for the proposal. Evaluate the organization’s capital budget to determine if there are specific foundational donations available. Develop a plan of evaluation for monitoring the budget, in which you will include: How often will you review it? What will you do with the data? Making adjustments to it. Conduct a cost variance analysis. Cite and reference all sources. Attached is the information you will need for part 2
