FRHD 3190 Chapter : Unit 04 Summary.docx

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The nature of a child"s and family"s experience in an early childhood program depends in large measure on whether the full costs of providing a quality experience can be sustained. Better quality programs spend more per child on staff compensation. 2 major components of financial management: developing a system for managing resources, obtaining adequate funding. The nature of a child"s early childhood experience is determined by a program"s ability to: Foster meaningful relationships between children and adults by promoting staff continuity for children and by enhancing staff-parent relationships, limiting the number of children per adult. Ensure that staff have the specialized educational background and knowledge of early childhood development needed to build relationships with young children and their families. Provide adequate compensation and good working conditions to attract and retain qualified staff. Establish a safe and stimulating environment that enhances children"s ability to learn. To ensure that there are sufficient funds to establish and operate a quality program.

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