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But do they have to care? The right answer is to set an actual budget. Finance to engineering: you have $x to work with. Then engineering cares, and the needed
by strawhatguy 4y ago
But do they have to care? The right answer is to set an actual budget. Finance to engineering: you have $x to work with.
Then engineering cares, and the needed talks/concern about resource usage can happen. Part of engineering is optimization, cost is one metric to optimize.
- squokko 4y agoYou need to understand the engineering to set a sensible budget. What should the concrete budget be for a new 50-story skyscraper in New York City? You'd need to know quite a bit about the specific building and the construction market to answer that question. You couldn't just be some MBA with a spreadsheet.
- phpisthebest 4y agoBut you are working backwards from how most people and businesses do budgeting Budgets are not about what things cost, it is about what you or the business can afford. For example, I do not need to know how much Steak is this week to know I have $100 for food.. If steak fits in the budget then great, if not I get chicken... or beans...
- squokko 4y agoNo, you can't decide that you can afford $10 million for concrete so that's what you'll spend. You figure out what it costs, then you figure out how much money you can make from the building, then you decide whether you can build it.dddd The steak example is different because the steak has a price tag on it.