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A recent study showed that only 53 percent of projects come in on budget and only 49 percent on schedule. So what does it take to be an on-budget, on-time finisher? Successful project management may seem like a quixotic pursuit, but it doesn't have to be.
Concise, informative, and well-indexed, this book helps readers get the "big picture" as well as the considerable number of details involved in managing the finances for a library. For all libraries, money is critical to decision-making about technology, staffing, and collections. As a result, informed budgeting is critically important for any library to succeed. This book explains library finance in a practical, engaging way, using examples of real situations in different types of libraries to teach key points. Written by authors with years of experience in budgeting and financial planning within a variety of library settings and in teaching library management or fundraising at the university level, Crash Course in Library Budgeting and Finance makes it painless to learn how to properly manage money in any library environment. The book addresses the entire process of financial planning, from a general, conceptual overview of library budgeting to the details of generating and spending income, and describes best practices for implementing financial controls. Subjects covered include building construction and capital projects, fund raising, capital campaigns, moving to fee-based services, extending and developing earned income, financial best practices, and assessment and evaluation. The authors also make recommendations regarding when and how to share relevant financial information throughout the organization and with constituents throughout the book.
Presents information on preparing and implementing budgets, discusses implications of budgeting and financial management activities. Includes case studies.
The library budget, a topic of primary importance to the reference librarian, is thoroughly examined in this book, first published in 1988. Experts offer insightful suggestions for reference librarians to understand and take responsibility for budget issues, directly and indirectly. They address the ability to explain the budget - which actually entails explaining the collection, the services, and the process in place for managing the fiscal resources - a necessary skill for any reference librarian faced with looming budget cuts. Providing quality services on a limited budget is also explored. The contributors provide helpful essays on convincing the parent agency to provide adequate support, setting goals and priorities, generating revenue, and more.
In times of tight materials budgets, steeply rising prices, and rapidly expanding information formats, library professionals will appreciate the valuable insights into acquisitions processes and management of material costs that are offered in this practical new book. Respected librarians and vendor representatives contributed to this volume--the published proceedings of a recent conference held at the University of Oklahoma. These experts examine approval plans, including a new approach for the publisher-based plan; the impact of inflation, including the increasing costs of titles in selected subject disciplines, causes for the costs, and ramifications for libraries and suppliers; and the process of materials budgeting from the collection of data to the justification of the budget. With increasing demands on librarians to find better budget management strategies and to develop more effective material acquisition processes, an environment has evolved in which librarians and book vendors are forced to examine their methods of acquiring and supplying materials to libraries. Acquisitions, Budgets, and Material Costs: Issues and Approaches provides librarians with readily applicable solutions to today’s acquisition problems.
"Financial Management in Academic Libraries explores the connection between financial management and accountability, effectiveness, efficiency, and sustainability, and demonstrates how to capture them in a realistic, data-supported budget. Among the different units of an academic institution, the library has an advantage in that its managers can link these concepts to the library's infrastructure, its staffing, collections, services, and technology. Focusing on these components can enable everyone in the library to work to achieve organizational sustainability over time and advocate for their place in the institution"--Provided by Amazon.com.