Page 25 - Purser_Demo

MODULE 11
Budgeting
Objectives
To gain an understanding of:
The value and benefits of budget application.
Using budgeting to forecast financial requirements.
Weighing up the pros and cons of realistic and non-realistic budgets.
Content
• Identifying the difference between irrelevant and sunk costs
• Realise how operational plans can affect the yachts budgets
• Asses the benefits of keeping crew on over winter periods
• Latitude 365 familiarisation
Accredited
yacht purser course 9