3 months to as much as 3 years (or beyond) ahead
The purpose of “Financial Portfolio Planning” is twofold, namely:
- Long-term financial planning: understanding the financial consequence on long-term planning of all change requirements. This gives a picture of what realization of certain themes, objectives or programs will cost. By looking far ahead, financial bottlenecks can be addressed early.
- Effect of ongoing projects on financial planning: long-term planning is affected by the projects being implemented. Consider projects that become more expensive, spend the required budget only later, or delay. With this, ongoing projects can lead to adjustments in long-term financial planning. It is also necessary to continue to monitor whether the total cost of ongoing projects continues to fit within the available project and portfolio budgets.
