The cost analysis strategies and decision-making approaches

For this assignment, you will create an annotated spreadsheet describing the cost analysis strategies and decision-making approaches of your selected governmental entity.

You will also write a 2 to 3-page paper discussing the following:

· Evaluate the tools used by the entity to calculate current and project future costs.

· Consider the mix of mandatory and discretionary spending.

· Assess the alignment of budget decisions and policy goals.

· Explain the entity’s approach to capital planning.

· Discuss prioritization, compromise, and decision-making approaches.

· Provide specific examples where appropriate.

· Evaluate the effectiveness of this process; make two or more recommendations to improve the process.