Purpose: Create a work plan and budget for your Case for Investment analysis to stay on track and allocate resources effectively.
Used in: Can be referred to throughout the process to direct and reallocate resources as necessary in each step.
Your actual budget may vary depending on location, project scale and specific community needs. In accordance with your organization’s financials, it is important to allocate funds for unforeseen expenses and contingencies in the analysis. Even if your organization has an existing detailed budget, you may want to consider seeking partnerships with local businesses, governments, and NGOs to help mitigate costs and enhance the project’s reach and impact.. budget.
While the overall budget may fluctuate based on scale or community needs, the proportion of funding allocated across different areas can still offer valuable guidance. This is because certain aspects of building a Case for Investment consistently demand more resources, time, or effort than others.
Please see the attached work plan and budget template activity.