Deciding how to split limited investment money between competing projects to get the best return for the company.
Good work shows: Ranks projects on return and strategic fit; shows what is not funded and why; keeps total spend within the capital limit.
Allocating capital across priorities is one of the executive leadership skills on FinderK.
The job simulations and Skill Paths below include work that is checked for this skill. You do the work in an original fictional company and get feedback on it.
Learning and development coordinator at Corran Foods
About 70 minutes. Included in Plus.
Fourteen training requests and a budget that covers about half. Allocate it by the policy, check the compliance dates yourself, say no to a director's favourite course with a real alternative, and re-plan when Finance cuts the budget.
Skills: Allocate a budget by a published order of priority; Check requests against records before funding; Say no to a senior manager with a real alternative; Re-plan quickly when the budget changes