1. “…that is the question”

2. What are a few things you may need?

3.  A map is one of the key elements of planning your trip  A current and accurate map will plan the route  Will highlight obstacles along the course  And get you to your final destination X

4. Develop an analytical tool for making decisions related to centralization or decentralization. Budget Management

5. Identify Need and Overall Goal: Budget Management:  Segregation of Duties  Accountability  Internal Controls  Funds Management Can use a worksheet to help identify and organize goal.

6. Understand the Current Process What areas will be Impacted?  Business Affairs Office  Purchasing  Payroll  Financial Analyst  Printing  Catering  Users  Developers  UO Mission Statement  Unit Mission Statement

7. Should Budget Management be centralized?  Review data from Fact Finding Phase  Identify Leverage Points  Identify Inefficiencies  Consider impact on culture change Advantages & Disadvantages

8. Are Resources available?  Operating Budget (long term costs)  Business Practices  Monitoring & Reporting  Personnel Impact  Implementation Costs (software, training) Is it Feasible & Practical

9. Review all Phases and Make the Decision

10. University MissionStrategic Plan Operating Budget Accounting Standards Performance Measures Capital Budget Business Practices Audits Debt Policy Internal Controls Monitoring & Reporting How mission is carried out Align resources to fulfill plan Put resources into action Monitor results against plan

11. Centralize Budget Management:  Segregation of Duties  Accountability  Internal Controls  Funds Management Centralized Budget Management System Centralized Budget Management System