FINANCIAL MANAGEMENT: PLANNING, DESIGN AND MANAGEMENT

Planning and project management is one of the main tools of financial management and budgeting. Organizational actions and practical steps to analyze financing models in the financial management system are strategic tasks for the development of the project and, in general, the business of an economic entity. Effective forecasting and management of investments and cash flows in the financial management system is the key to successful project co-financing. One of the main areas of planning in the financial management system is financial planning and modeling. Project management at the planning stage in the financial management system is time-consuming and significant. Methods of financial management in project management are aimed at studying the development of the project using its own funds and through co-financing (attracted investments). Financial management at the stage of project planning and development requires financial modeling of current tasks. Budgeting in the financial management system carries the tasks of budget management. Budgetary management is a detailed study of costs and investments, managing them, using a set of traditional methods and management procedures. It is concluded that in the system of financial management - planning, design and business management are vital for the implementation of both current activities and the development of new projects.