Task

Action Items

Complete

In Progress

Not Started

Budget Planning

Define budgetary goals and objectives

Identify sources of income

Estimate expenses and allocate funds

Expense Monitoring

Categorize and classify expenses

Allocate specific amounts to each category

Budget Oversight

Regularly compare actual spending to budget

Investigate and address budget variances

Cash Flow Management

Manage cash flow for liquidity

Align timing of income and expenses

Contingency Planning

Include provisions for unforeseen expenses

Establish and maintain a contingency fund

Review and Adjustment

Schedule periodic budget reviews

Adjust budget based on changing circumstances

Record Keeping

Maintain detailed financial records

Keep receipts and supporting documents

Communication

Communicate budget guidelines to stakeholders

Collaborate with team members for adherence

Debt Management

Monitor and manage existing debts

Implement strategies for debt reduction

Financial Goals Assessment

Evaluate progress toward financial objectives

Adjust budget allocations based on priorities

Savings and Investments

Allocate funds for savings and investments

Monitor investment performance