Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the project. It means applying general management principles to financial resources of the project.
Objectives of Financial Management
The financial management is generally concerned with procurement, allocation and control of financial resources of a concern. The objectives can be-
1. To ensure regular and adequate supply of funds to the concern.
2. To ensure optimum funds utilization. Once the funds are procured, they should be utilized in maximum possible way at least cost.
FM Miscellaneous Documents
|1.||PROJECT MANAGEMENT INSTITUTIONAL ARRANGEMENTS||Click here|
|2.||PROJECT FINANCIAL MANAGEMENT STAFFING AND TRAINING||Click here|
|3.||BUDGET PREPARATION & BUDGET MONITORING||Click here|
|4.||DISBURSEMENT AND FUND FLOW||Click here|
|5.||FINANCIAL REPORTING AND REIMBURSEMENT||Click here|