A detailed and realistic budget is one of the most important tools for guiding

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A detailed and realistic budget is one of the most important tools for guiding a program’s successful implementation. It helps in tracking expenses and improves financial decision making. It also helps the entire program team stay focused on long-term
financial goals through monthly updates.
In your initial post, address the following:
Describe the purpose of budgeting, including how it helps achieve the desired outcomes of a healthcare program.
Describe how you plan to use types of funding sources such as revenue, savings, and/or donations for your program plan.
Then, respond to at least two of your peers’ initial posts attached. Include the following in your response:
Identify at least one other source of funding that your peer did not identify, and explain why that source is also important to consider in planning a program.
Explain the risks of not creating or including a budget as part of a program plan. If your peer has already discussed some risks in their initial post, identify at least one other risk they did not identify or elaborate further on a risk they did identify.

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