Budgetary control systems require many features that will be familiar to you, even if you are new to the area of budget management at work. In this second part of our series on managing budgets, Professor Euan Henderson of The Open University explains the value of budgetary control for nurse managers

THINK ABOUT your personal circumstances. You are employed, and have a contract of employment that specifies what duties you are expected to perform and the salary you will receive in return.