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Finance Management Function

Plan. Budget. Determining how financial resources will be used to achieve goals and objectives. Assigning financial resources to specific programs, activities, or initiatives. Measure (performance). Manage, Control. Assessing financial management performance.

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Finance Management Function

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  1. Plan Budget Determining how financial resources will be used to achieve goals and objectives Assigning financial resources to specific programs, activities, or initiatives Measure (performance) Manage, Control Assessing financial management performance Managing and controlling financial resources through the processes of accounting, reconciliation, quality assurance and reporting Finance ManagementFunction DRAFT Management Business Process (sub-functions) Web version 1

  2. Define (requirements) Forecast Allocate Assess Report Monitor Report Adjust Cost Account Evaluate Analyze Reconciliate Report Report Quality Assurance Adjust Finance Management Function Business Process Model ― Sub-functions and Activities ― DRAFT Plan Budget Measure (performance) Manage, Control Web version 1

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