Budgeting and Forecasting, Rethinking Budgeting

Decision Architecture: Designing the Blueprint for a Better Budget


August 29, 2024

2 p.m.-3 p.m. ET

  • Field of Study: Finance
  • Credits: 1
  • Prerequisite: None

The traditional budget process in many governments can take the form of exercise in balancing revenues and expenses. This requires making decisions in a variety of areas including what strategies to pursue, where to raise revenue, and how much revenue to allocate to each major function or program. Making these kinds of decisions is not easy. It’s also often done by groups of individuals who may have different points of view. Making it more difficult, there is almost always some level of uncertainty and potentially fraught with opportunities for bias and inconsistency. In this session, speakers will discuss the skills of a decision architect and help you come up with a plan for designing a better budget decision-making environment.

Who Will Benefit: Budget Manager, CFO/Finance Director, Controller

Learning Objectives:
  • Identify the four pillars of decision architecture
  • Explore how to work with other stakeholders and elected officials to make good budgetary decisions
  • Understand the challenges to a finance officer when designing the decision-making environment, including overcoming bias and politics

  • Member Price: $35.00
  • Non-member Price: $70.00