ARCH

7 points for HR to justify the ROI (Return on Investment) in budgets

7-puntos-para-rh-justifiqueroi-presupuestos
Learn how to present any budget in a professional manner.

HR programs such as training, hiring, succession, mentoring, benefits, etc., need directive approval.

A budget must always be presented in writing and provide all information to decision makers outlining the scope and design of a project.

1. Executive summary.

Start by delivering a short version of the business case to give further details after.

2. Context of the company.

Include a description of the current situation of the company, this description should be made during the research phase of a project and must including the company’s strengths, weaknesses and gaps.

3. Purpose.

Present a brief discussion of why the company should invest in the project.

4. Goals and objectives.

Give specific information, expressed in measurable or metric terms, on what the company will achieve with the project.

5. Description of the project.

Provide details on its design, including the audience, needed resources, deadlines and results evaluations to be made.

6. Next steps.

What the company should do after the project has been approved.

7. Metrics.

Because budgets are a tool for decision makers, metrics deserve special attention. Establish a relationship between the costs and benefits of the program and create awareness of what might happen in various scenarios.