Budgeting and Financial Analysis
Budgeting and Financial Analysis is the ability to forecast, allocate, and manage fiscal resources tied to product development as well as evaluate the financial performance of products, attracting profitable investments, reducing costs, and driving the financial success of the product portfolio.
Level 1: Emerging
At an emerging level, you are beginning to understand the basics of budgeting and financial analysis in product management. You can create simple budgets and perform basic financial analyzes.
Level 2: Proficient
At a proficient level you are able to create and manage budgets for product development, analyze financial data to make strategic decisions, and ensure profitability while balancing costs and revenue.
Level 3: Advanced
At an advanced level you are able to develop and execute comprehensive budgeting and financial analysis strategies to drive product success, aligning financial goals with product objectives and market demands.
