Update budget

Make sure that a given budget remains up to date using most recent and most accurate information. Anticipate possible variations and ensure that the set budgetary goals can be reached within the given context.

ensure budget is up to date
update the budget
check budget is updated
updating budgets

skill/competence

sector-specific

Update budget is an essential skill of the following occupations:

Marketing assistant: Marketing assistants support all the efforts and operations carried out by marketing managers and officers. They prepare reports in relation to the marketing operations needed by other departments, especially account and financial divisions. They ensure that resources needed by the managers to perform their job are in place.
 
Head of workshop: Heads of workshop coordinate specialised workshops that construct, build, prepare, adapt and maintain elements used on stage. Their work is based on artistic vision, schedules and overall production documentation. They liaise with the designers involved in the production, the production team and other services of the organisation.

Update budget is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Lighting designer: Lighting designers develop a lighting design concept for a performance and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. During rehearsals and performance they coach the operators to obtain optimal timing and manipulation. Lighting designers develop lighting plots, cue lists and other documentation to support the operators and production crew. Lighting designers sometimes also work as autonomous artists, creating light art outside a performance context.
Puppet designer: Puppet designers design and create puppets and manipulable objects for performers. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. Puppet designers make puppets and manipulable objects out of a variety of materials, and may build robotic elements into them. Puppet designers sometimes also work as autonomous artists, creating outside a performance context.
 
Make-up and hair designer: Make-up and hair designers develop a design concept for make-up and hair of performers and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. Make-up and hair designers develop sketches, design drawings or other documentation to support the workshop and performance crew. Make-up designers sometimes also work as autonomous artists, creating make-up art outside a performance context.
 
Sound designer: Sound designers develop a sound design concept for a performance and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. Sound designers prepare audio fragments to be used in a performance, which can involve recording, composing, manipulating and editing. During rehearsals and performance they coach the operators to obtain optimal timing and manipulation. Sound  designers develop plans, cue lists and other documentation to support the operators and production crew. Sound designers sometimes also work as autonomous artists, creating sound art outside a performance context.
Set designer: Set designers develop a set concept for a performance and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. During rehearsals and performance they coach the operators to obtain optimal timing and manipulation. Set designers develop sketches, design drawings, models, plans or other documentation to support the workshop and performance crew. They may also design exhibition stands for fairs and other events. 
Pyrotechnic designer: Pyrotechnic designers develop a pyrotechnical design concept for a performance and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the pyrotechnic designers work closely with artistic directors, operators and the artistic team. During rehearsals and performance they coach the operators to obtain optimal timing and manipulation. Pyrotechnic designers develop plans, cue lists and other documentation to support the operators and production crew. Pyrotechnic designers sometimes also work as autonomous artists, creating pyrotechnical art outside a performance context.
Video designer: Video designers develop a projected image design concept for a performance and supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. Video designers prepare media fragments to be used in a performance, which can involve recording, composing, manipulating and editing. During rehearsals and performance they coach the operators to obtain optimal timing and manipulation. Video  designers develop plans, mapping, cue lists and other documentation to support the operators and production crew. Video designers sometimes also work as autonomous artists, creating video art outside a performance context.
Costume designer: Costume designers develop a costume design concept for a performance, a movie or a television program. They supervise the execution of it. Their work is based on research and artistic vision. Their design is influenced by and influences other designs and must be conform with these designs and the overall artistic vision. Therefore, the designers work closely with artistic directors, operators and the artistic team. Costume designers develop sketches, design drawings, patterns or other documentation to support the workshop and performance crew.
 

References

1. Update budget – ESCO