Financial planning and budgeting

Financial planning and budgeting

Select and explain 3 budget principles (can be necessary steps or good practices or rules that you think are
important in guiding the budgeting process) and describe how these principles should guide the budgeting
process for this CBO.
Think through the budgeting decision process and define the approach, timing and forecast basis for the
budget of the new CBO program.
Prepare a budget table of the program, including inputs necessary to deliver the program (unit price and
quantities) and costs at the frequency you choose (yearly, quarterly, or monthly).
Provide a detailed budget justification. It should explain and justify the necessity of the expenses in each major
cost category