Budgeting and resource allocation
Apprenticeship: Team Leader / Supervisor: Budgeting and resource allocation
What you'll learn
- 1
Imagine you're planning a team pizza party with a £50 budget. 🍕
- 2
What does a budget tell you?
- 3
Let's budget for a team lunch. You have £30. Sandwiches cost £3 each, drinks cost £2 each, and crisps cost £1 each. You need 5 sandwiches, 5 drinks, and 5 bags of crisps. Can you afford it?
- 4
Now you have £40 for a team meeting. Coffee costs £2 each, biscuits cost £1 each, and pastries cost £3 each. You need 8 coffees, 8 biscuits, and 6 pastries. Drag the items to see if you stay within budget!
- 5
You have £50. You spend £20 on pizza, £15 on drinks, and £10 on decorations. How much is left?
- 6
Your team has a £100 budget for a project. Materials cost £45, tools cost £30, and printing costs £20. Which item could you remove to stay under budget if you only have £95?
- 7
Why is it important to allocate your budget carefully?
Practise Budgeting and resource allocation with Whizlo
Free AI-tutored lessons, unlimited practice questions, and progress tracking for ages 15–18. Aligned to the UK National Curriculum.