Budgeting for Engineering Managers

Many engineering leaders take on the responsibility of managing budgets without any prior experience. This program introduces you to making smart budgetary decisions specifically for engineering managers.

Overview

This program helps you master the essentials of managing budgets, resources, and tools in a way that aligns with your strategic goals. You'll learn how to evaluate resources, prioritize needs, and make tradeoffs that maximize impact, whether you're handling finances, talent, or evaluating external tools. 

Understanding the fundamentals of budgeting and decision-making empowers you to allocate resources more effectively and communicate your rationale clearly to your team's stakeholders. Explore how to measure team needs against available talent, balance competing priorities, and make informed decisions about hiring, upskilling, or outsourcing.

A key focus of the program is on handling retention and attrition effectively, while maintaining momentum and minimizing disruption to the team.

Ultimately, you’ll practice how to weigh tradeoffs between speed and safety, choosing tools and strategies that align with your organization’s broader objectives. From evaluating new tools to optimizing existing ones, you’ll be equipped to make decisions that enhance productivity and resilience. This program provides you with practical skills to create lasting value in your organization, even as circumstances and technologies evolve.

Who is this for?
Primarily for engineering managers, but also good for directors, VPs, CTOs
How does this help me in my career?
This program equips you with the financial acumen and strategic tools needed to excel in senior engineering management roles, empowering you to make smarter, data-driven engineering resource decisions.
Length
4 sessions
Difficulty
Advanced
Skills & Concepts

Introducing the Basics

  • What you can expect to get from this program
  • What exactly are you being asked to do with a budget?
  • Thinking (and talking) in financial terms
  • Managing stakeholders

3rd-party Tools and Services

  • Creating a working inventory
  • Defining ownership
  • Evaluating tools and tradeoffs for long-term success

People as Resources

  • Measuring need against talent
  • Managing retention and attrition
  • Quantifying tradeoffs: safety vs. the speed of development
  • Tooling

To get started with this program, select a coaching membership that works best for your needs.
Learn More About Coaching Memberships