Elements and Performance Criteria
- Review programs
- Compare program costs and estimates with budget allocations and financial projections
- Analyse impact of revenue, cost and operational changes on program, together with project completion costs plus program objectives and estimate using standard financial analysis and resource management techniques
- Evaluate program outcomes and performance against objectives to identify variations, contingencies and scope for review and development
- Assess financing options, including costs, timeframes and expected returns, against program goals and objectives
- Contribute to strategic development
- Develop long-term financial objectives and resource management objectives to support organisational goals and aims
- Identify trends and environmental factors through consultation and use of standard financial analysis and resource management techniques
- Make realistic assessments of financial and resource management implications of external influencing factors on future objectives and present position
- Evaluate organisational strengths and weaknesses against external relationships and environmental factors
- Develop options for improvement
- Identify causes of variations in projected organisational outcomes, and develop and implement appropriate contingency plans to minimise losses
- Regularly review organisational plans to encompass changes to operational environment and assess factors influencing achievement of objectives
- Identify and evaluate improvement options against organisational weaknesses
- Establish systems to support change
- Ensure strategic reviews monitor program allocations, including analysis of resource management needs, information technology needs and management processes
- Monitor expenditure and revenue items to ensure compliance with budget and variations identified
- Systematically communicate aims and goals of identified changes to staff and personnel using recognised communication processes and techniques
- Ensure information on changes is readily available, and develop procedures and guidelines to promote absorption of changes into organisational practices