Reference no: EM133141759
Depict an Implementation Plan for an Improved Budget Process
As the finance director of your selected governmental entity with an approved finance strategy, the next step is to develop an implementation plan to improve your annual budget process. Considerthe full cycle and draft the plan to start on the first day of the fiscal year.
You will develop an annotated process improvement plan which includes the following elements:
• Annual cycle
• Long-term perspective
• Timeframes, process, and sub-steps
• Kickoff
• Process Improvement
• Measurement
• Assessment
• Iteration
Consider how you will track the effectiveness of the budget, finance, and capital planning programs, including performance measures, revenue forecasting, estimation, and public awareness and interaction. To develop the plan, use any tool which can depict timelines and dependencies, including Google Sheet, Microsoft Project or PowerPoint, or Asana.