CME Activity Budget Development and Approval
BACKGROUND: To assist in the process of cost center budgeting, ongoing monitoring, and final reconciliation, policies and procedures are required to account for the impact on department and entity operating budgets. POLICY: Any planned GW CME activities that incurs expenses against a Medical Center cost center must receive budget authorization by the entity head prior to incurring any development or production costs. The Office of CEHP will work with a sponsoring department to develop a rational budget that identifies anticipated participant enrollment, development and production costs, and amounts and sources of revenue. The draft budget must receive signature approval by the activity director, department chair/division director, the entity head, and in some cases the Assistant Vice President for Health Economics. |