Program Budget
The Program Budget step involves a detailed analysis of projected expenses and revenues for the program. This process requires identifying all potential costs associated with implementing and sustaining the program, including personnel, materials, equipment, travel, and any other necessary resources. Additionally, it involves estimating revenue projections from various sources such as grants, sponsorships, and service charges. The Program Budget step also considers contingency planning to account for unexpected expenses or revenue shortfalls. A thorough review of the program's financial implications is conducted to ensure alignment with overall organizational goals and objectives. This step ensures that all stakeholders are informed about the projected financial situation of the program, enabling them to make informed decisions regarding its implementation and maintenance.