Guideline on Common Financial Management Business Process 1.1 – Manage Planning And Budgeting
Long description for image: Figure 14. Update Internal Investment Plan and Budget (Subprocess 1.1.10) – Level 3 Process Flow
The figure is a process flow diagram consisting of activities, connectors, and inputs and outputs.
This diagram depicts the Level 3 process flow for Subprocess 1.1.10 – Update Internal Investment Plan and Budget, which begins with connectors from the three following subprocesses:
- Subprocess 1.1.7 – Conduct Capital Asset Life-Cycle Planning and Budgeting;
- Subprocess 1.1.8 – Conduct Acquired Services Planning and Budgeting; and
- Subprocess 1.1.9 – Conduct Project Portfolio Planning and Budgeting.
Four inputs connect to Activity 1.1.10.1 – Update Internal Investment Plan and Budget.
The first input is labelled “Approved internal investment plan and budget (current).”
Subprocess 1.1.7 – Conduct Capital Asset Life-Cycle Planning and Budgeting provides the second input, which is labelled “Capital asset life-cycle plan and budget.”
Subprocess 1.1.8 – Conduct Acquired Services Planning and Budgeting provides the third input, which is labelled “Acquired services plan and budget.”
Subprocess 1.1.9 – Conduct Project Portfolio Planning and Budgeting provides the fourth input, which is labelled “Project portfolio plan and budget.”
The flow advances to the output labelled “Draft internal investment plan and budget,” which connects to Subprocess 1.1.11 – Consolidate and Approve Plans and Budgets. The output “Draft internal investment plan and budget” also leads to the output “Capitalized salary,” which flows to a connector for Subprocess 1.1.4 – Develop Operating Budget.