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What is a Budget?

 , updated on July 28, 2023
A budget is a financial plan for a defined activity over a period of time. It may include plans for sales volumes, revenue, costs, expenses, assets, liabilities and cash flows. Budgets are typically focused on financial figures but can also use other measurements of resources.
Overview: Budget
Function
Definition
A financial plan for a government, organization, department, team, project, individual or activity for a period of time.
Value
Financial control and planning.
Related Techniques

Financial Management

This is the complete list of articles we have written about financial management.
Baseline
Budget
Budget Control
Budget Risk
Business Costs
Capex
Budget Planning
Conflict Of Interest
Cost Contingency
Cost Control
Cost Escalation
Capital Budgeting
Cost Management
Compliance
Cost Overrun
Business Ethics
Contingency Budget
Financial Controls
Contract Risk
Financial Risk
Matching Principle
Operating Expenses
Opex
Refinancing Risk
Risk Management
Governance
Management Controls
Reputational Risk
More ...
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