Create budget

Trigger: A scheduled financial planning period or the finalization of a new sales forecast kicks off the budget creation process.

1. Gather sales forecasts and strategic objectives
2. Determine resource needs for capital, human resources, and raw materials
3. Aggregate departmental funding requests
4. Reconcile requested provisions against financial constraints
5. Finalize the comprehensive budget plan
6. Obtain executive approval for the budget

Outcome: An approved financial plan that allocates capital, human resources, and materials to achieve sales targets.