Elements and Performance Criteria
- Prepare budget
- Cash, expenditure and revenue items are clearly defined and relevant to identified objectives of the budget
- Budget objectives are clear and consistent with organisational aims and projects and with forecasts
- Discussions and negotiations with stakeholders are conducted in a manner that promotes goodwill and ongoing cooperation
- Milestones and performance indicators are identified and included in budgets
- Annual budgets are broken down into seasonal periods in accordance with operating trends
- Document budget