Unique Skill ID: KSTXC20S6DLWYMYTNFRL

Budget Cycle

Budget cycle refers to the series of processes and activities involved in the development, implementation, monitoring, and evaluation of a budget. It is a specialized skill that requires knowledge of budgeting principles, financial management, data analysis, and communication. A budget cycle typically involves the identification of budget priorities, the collection of data and information, the setting of targets and performance measures, the allocation of resources, the tracking of spending, and the reporting of results. Effective budget cycle management requires a comprehensive understanding of the organization's goals, strategies, and operations, as well as the ability to work collaboratively with other stakeholders such as program managers, finance staff, and external partners.

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Budget Analysis
Budget Development
Budget Support
Budgeting
Capital Budgeting
Corporate Forecasting
Expense Forecasting
Financial Forecasting
Financial Management
Forecasting

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