The global skills and competency framework for the digital world

SFIA View: Financial and value management

Financial and value management

(new)

Financial management FMIT

(modified)

Managing the effective use and control of financial resources to support business strategies, compliance, and risk mitigation.

Investment appraisal INVA

(unchanged)

Assessing the attractiveness of possible investments or projects.

Benefits management BENM

(unchanged)

Forecasting, planning and monitoring the emergence and effective realisation of anticipated benefits from projects and programmes.

Budgeting and forecasting [prototype] BUDF

(new)

Developing and managing financial budgets and forecasts to enable effective decision-making and resource allocation.

Financial analysis [prototype] FIAN

(new)

Conducting in-depth analysis of financial data to derive insights and support decision-making.

Cost management [prototype] COMG

(new)

Planning, controlling and analysing costs to enable the effective use of financial resources.

Demand management DEMM

(unchanged)

Analysing and proactively managing business demand for new services or modifications to existing service features or volumes.

Measurement MEAS

(unchanged)

Developing and operating a measurement capability to support agreed organisational information needs.