{"id":20273,"date":"2023-05-19T04:47:31","date_gmt":"2023-05-19T04:47:31","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/anticipating-and-avoiding-critical-missteps-in-the-planning-implementation-and-accounting-of-a-capital-budget-are-crucial-skills-when-developing-a-budget-in-this-assignment-you-will-explain-the-im\/"},"modified":"2023-05-19T04:47:31","modified_gmt":"2023-05-19T04:47:31","slug":"anticipating-and-avoiding-critical-missteps-in-the-planning-implementation-and-accounting-of-a-capital-budget-are-crucial-skills-when-developing-a-budget-in-this-assignment-you-will-explain-the-im","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/anticipating-and-avoiding-critical-missteps-in-the-planning-implementation-and-accounting-of-a-capital-budget-are-crucial-skills-when-developing-a-budget-in-this-assignment-you-will-explain-the-im\/","title":{"rendered":"Anticipating and avoiding critical missteps in the planning, implementation, and accounting of a capital budget are crucial skills when developing a budget. In this assignment, you will explain the importance of creating guidelines"},"content":{"rendered":"

Homework Content<\/b><\/span>

\u2022 Anticipating and avoiding critical missteps in the planning, implementation, and accounting of a capital budget are crucial skills when developing a budget. In this assignment, you will explain the importance of creating guidelines to ensure fiscal responsibility and discipline.<\/span>


Review the following resources before completing your assignment:<\/span>

\u2022 Watch \u201cWhen a Bridge Falls,\u201d located in the Week 4 University Library Resources. This video provides a synopsis of the critical errors that may have led to the 2007 collapse of the Interstate 35W bridge in Minneapolis.<\/span>

\u2022 Review the \u201cMinneapolis Interstate 35W Bridge Collapse” resource guide for legislative reports and documents related to the 2007 Minneapolis bridge collapse. <\/span>

\u2022 <\/span><\/span>Review Ch. 7, \u201cCapital Budgeting, Time Value of Money, and Cost-Benefit Analysis: Process, Structure, and Basic Tools,\u201d of <\/span><\/span>Fiscal Administration<\/i><\/span>. This chapter explains concepts related to processes and guidelines for managing capital expenditures in a budget.<\/span>

\u2022 Watch “How to Make a Presentation.” Review the presentation tips provided in this tutorial before completing the assignment.<\/span>


Imagine that you are a criminal justice employee responsible for managing a budget at your agency. You have been asked to present to the budget planning team errors in budgeting so that your agency can avoid making these errors in your next budget proposal.<\/span>

Create a 6+slide presentation on the errors made in the planning and implementation of the capital budget related to the Minneapolis bridge collapse. <\/span>


Include the following headings and topics in your presentation:<\/span>


Capital Budget<\/u><\/span>

\u2022 Describe key steps that should be followed when developing and managing a capital budget.<\/span>


Minneapolis Bridge Collapse <\/u><\/span>

\u2022 Describe 2\u20133 budgetary issues that led to the bridge collapsing.<\/span>

\u2022 Explain how these budgetary issues could have been prevented.<\/span>


Capital Budget Processes in Criminal Justice<\/u><\/span>

\u2022 Explain the cost-benefit analysis process that should be followed when determining whether to fund a capital improvement or expenditure.<\/span>

\u2022 Explain how the time value of money concept should be applied to the capital budget process.<\/span>


Cite at least 3 scholarly sources in addition to the textbook and 3 in-text citations.<\/span>


Format your citations according to APA guidelines.<\/span>




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Homework Content\u2022 Anticipating and avoiding critical missteps in the planning, implementation, and accounting of a capital budget are crucial skills when developing a budget. In this assignment, you will explain the importance of creating guidelines to ensure fiscal responsibility and discipline.Review the following resources before completing your assignment:\u2022 Watch \u201cWhen a Bridge Falls,\u201d located in […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[1122],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/20273"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=20273"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/20273\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=20273"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=20273"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=20273"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=20273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}