Guideline on Common Financial Management Business Process 1.1 – Manage Planning And Budgeting
Long description for image: Figure 11. Conduct Capital Asset Life-Cycle Planning and Budgeting (Subprocess 1.1.7) – Level 3 Process Flow
The figure is a process flow diagram consisting of activities, connectors, inputs and outputs, and decisions.
This diagram depicts the Level 3 process flow for Subprocess 1.1.7 – Conduct Capital Asset Life-Cycle Planning and Budgeting. The subprocess begins with connectors from Business Process 4.1 – Manage Other Capital Assets, Business Process 4.2 – Manage Real Property and Subprocess 1.1.1 – Develop Notional Budget Allocations and the following four inputs.
Business Process 4.1 – Manage Other Capital Assets and Business Process 4.2 – Manage Real Property provide the first input, which is labelled “Periodic asset assessment results.”
The second input is labelled “Approved internal investment plan and budget (current).”
Subprocess 1.1.1 – Develop Notional Budget Allocations provides the third and fourth outputs, which are labelled “Notional budget allocations” and “Integrated planning package.”
The four inputs flow to Activity 1.1.7.1 – Identify Capital Asset Life-Cycle Requirements.
The flow advances to a decision labelled “Potential project identified?” The YES flow for the decision “Potential project identified?” continues to the output labelled “Potential project,” which leads to a connector for Subprocess 1.1.6 – Conduct Project Planning and Budgeting. The NO flow for the decision “Potential project identified?” continues to Activity 1.1.7.2 – Prioritize Capital Asset Life-Cycle Requirements. The flow advances to Activity 1.1.7.3 – Update and Validate Capital Asset Life-Cycle Plan and Budget.
The flow advances to a decision labelled “Validated?” The NO flow for the decision “Validated?” continues to Activity 1.1.7.4 – Revise Capital Asset Life-Cycle Plan and Budget as Required, which connects to Activity 1.1.7.3 – Update and Validate Capital Asset Life-Cycle Plan and Budget. In addition, a connector for Subprocess 1.1.11 – Consolidate and Approve Plans and Budgets leads to Activity 1.1.7.4 – Revise Capital Asset Life-Cycle Plan and Budget as Required.
The YES flow for the decision labelled “Validated?” continues to the output labelled “Capital asset life-cycle plan and budget.” The flow continues to a connector for Subprocess 1.1.10 – Update Internal Investment Plan and Budget. The output labelled “Capital asset life-cycle plan and budget” also connects to another output labelled “Acquired services portion of capital asset life-cycle plan and budget,” which leads to a connector for Subprocess 1.1.8 – Conduct Acquired Services Planning and Budgeting.