- You will most likely be asked whether your unit met its goals and objectives from the previous year. Know the answer to this question and explain the current status of goals and objectives and the changes you plan on making.
- Look at the numbers for the year-to-date (YTD) current budget. The committee will want to know whether the YTD or actual numbers are above or below what you budgeted. Be able to explain the variances.
- Monitor your budget monthly to spot trends and variances early. This will enable you to stop problems in their path and know where opportunities lie.
-KT Waxman, MBA, RN