Analysis
Tracking and modelling approaches, tools, sources, and data structures required to conduct budget performance analysis.
Capability Building Blocks
- A1Scope, Granularity, and Sophistication
- Establish budget tracking and forecasting approaches (for example, single versus multi-year analysis).
- A2Tools and Processes
- Develop tools and processes to generate budget performance analyses.
- A3Data Consistency
- Develop the sources of data, and structure the data required to conduct budget performance analyses. Develop a common budget management terminology in the organization to enable wider comparisons to be made.