---
title: "Budget and Financial Management - José DA COSTA"
description: "Develop and track project budgets, analyze variances, calculate ROI, produce financial forecasts, and deliver financial reporting."
locale: "en"
canonical: "https://portfolio.josedacosta.info/en/skills/budget-financial-management"
source: "https://portfolio.josedacosta.info/en/skills/budget-financial-management.md"
html_source: "https://portfolio.josedacosta.info/en/skills/budget-financial-management"
author: "José DA COSTA"
type: "skill"
slug: "budget-financial-management"
generated_at: "2026-04-23T15:46:41.217Z"
---

# Budget and Financial Management

**Soft competency** - mba-strategic-project-management (MBA) - Proficient

## Competency description

Develop and track project budgets, analyze variances, calculate ROI, produce financial forecasts, and deliver financial reporting.

## Personal Confidence

**Proficient** - 3/5

Scale: 1. Foundational · 2. Developing · 3. Proficient · 4. Advanced · 5. Expert

This reflects my personal confidence in applying this competency in real-world professional situations, based on hands-on experience, continuous learning, and practical outcomes.

## Details

- Domain: Soft skill (interpersonal)
- Source: mba-strategic-project-management (MBA)
- Confidence level: 3/5 (Proficient)
- Category: strategy-finance

## Progression across journey

This skill was developed across 8 different journey items.

- **1999** - [CTO · Founder · technical director](https://portfolio.josedacosta.info/en/journey/celiane-founder.md) (entrepreneurship) - Confidence: 2/5
- **2019** - [Engineering Manager · Project Manager / Product Owner · Technical Lead](https://portfolio.josedacosta.info/en/journey/pichet-group.md) (experience) - Confidence: 4/5
- **2020** - [Entrepreneur · Various Business Domains](https://portfolio.josedacosta.info/en/journey/auto-entrepreneur-jdc.md) (entrepreneurship) - Confidence: 3/5
- **2021** - [Project Manager / Product Owner · Flows and Products: PIM & DAM & ESB](https://portfolio.josedacosta.info/en/journey/pichet-project-manager.md) (experience) - Confidence: 3/5
- **2022** - [safe-po-pm](https://portfolio.josedacosta.info/en/journey/safe-po-pm.md) (certification) - Confidence: 3/5
- **2023** - [mba-strategic-project-management](https://portfolio.josedacosta.info/en/journey/mba-strategic-project-management.md) (education) - Confidence: 4/5
- **2023** - [Engineering Manager · Enterprise Application Integration](https://portfolio.josedacosta.info/en/journey/pichet-engineering-manager.md) (experience) - Confidence: 4/5
- **2024** - [CTO · Founder · technical director](https://portfolio.josedacosta.info/en/journey/accenseo-founder.md) (entrepreneurship) - Confidence: 4/5

## Related curriculum topics

- **Leading and Mastering a Project** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): What is project management, Project management plan, Value-driven management, Project budget
- **Managing Project Risks** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Risk management concept, Risk management life cycle
- **Strategy and Business Development** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Change management support
- **Budget Control and Forecast Budgeting** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Management cycle, Budget and strategy, Budget functions, Key steps in the budgetary process, Budgetary process stakeholders - roles and responsibilities, Budget calendar, Structure and articulation of different budgets, Developing the sales budget, Developing the production and procurement budget, Developing the commercial expenses and general services budget, Developing the capital expenditure budget, Capital expenditure budget and time value of money, Cash budget and projected financial statements, Budget construction - best practices and main challenges, Fundamentals of budget control, Building the flexible budget, Budget control - best practices and main challenges, Beyond Budgeting (management without budgets), Zero-Based Budgeting (ZBB), Activity-Based Budgeting (ABB), Budget control - what future
- **Forecasting and Budget Management** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Management control theories, Introduction to budget management, Introduction to the sales budget, Implementing the sales budget, The flexible budget, The production budget, Procurement and inventory management, Preparing general budgets, Budget variance concept, The management dashboard
- **Developing a Business Plan** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Financial component, Financial projections
- **Writing a Project Requirements Specification** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Project management
- **Management Methods and Tools for Managers** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): The business management environment, Cost and budget management in the company, Budget management - the forecasting approach, Sales budget management - the Mayer method, Sales budget management - the least squares method, Sales budget management - the seasonal coefficients method, Sales budget management - the correlation study, Developing the sales budget, Sales budget control, The production budget, Variances in the production budget, The procurement budget, From budgets to dashboards
- **Designing and Managing a Project** (Block 2 - Operational Implementation of a Project Portfolio): Scope management (1), Scope management (2), Building a budget, Limitations of traditional project management
- **Building and Managing Commercial Strategy** (Block 2 - Operational Implementation of a Project Portfolio): Conducting strategic management, Management and monitoring tool - the 5 Whys
- **Lean Management** (Block 2 - Operational Implementation of a Project Portfolio): Lean Management - introduction, History of Lean Management, Lean Management concept, Six Sigma Management
- **Leading an Entrepreneurial Project** (Block 2 - Operational Implementation of a Project Portfolio): Financial projections
- **Entrepreneurial Strategic Management and Communication** (Block 2 - Operational Implementation of a Project Portfolio): Choosing an appropriate management tool
- **Commercial Development and Digital Transformation** (Block 2 - Operational Implementation of a Project Portfolio): Outbound campaign management tools, Inbound management tools, Defining and selecting relevant KPIs in sales cycle management
- **Dashboarding and Commercial Management Tools** (Block 2 - Operational Implementation of a Project Portfolio): Dashboarding vs. management tools
- **Integrating Digital into Your Multi-Media Communication Strategy** (Block 2 - Operational Implementation of a Project Portfolio): Setting a budget for digital
- **Mastering Quality Management in the Digital Era** (Block 2 - Operational Implementation of a Project Portfolio): The quality management system, The seven principles of quality management, Leadership and management commitment, Facilitating the management review
- **Managing and Maximizing Performance Indicators** (Block 2 - Operational Implementation of a Project Portfolio): Gaining buy-in for the dashboard - a management tool, Setting up an executive committee and management committee
- **Designing and Managing an Online Marketing Plan** (Block 2 - Operational Implementation of a Project Portfolio): Planning a global budget
- **New Management Trends** (Block 3 - Project Team Management): Next-generation management
- **Intercultural Management** (Block 3 - Project Team Management): Eight keys to international success - planning and time management
- **Agile Methods: Accelerating Projects and Meeting Deadlines** (Block 3 - Project Team Management): Project management and complexity
- **Digitalization Management** (Block 3 - Project Team Management): Inspiring and aligning top management around a shared vision
- **Mastering Cross-Functional Management and Developing Leadership** (Block 3 - Project Team Management): What is cross-functional management, Cross-functional management and leadership - what's the connection, I.C.O. - the 3 pillars of a high-performing management approach, Maturing your management style
- **Working in Groups with Collaborative Tools** (Block 3 - Project Team Management): Adopting best practices for collaborative document management
- **Leading and Managing a Team** (Block 3 - Project Team Management): Management fundamentals, The four management styles, Objective deployment with management cadences, Collective management cadences, Individual management cadences, Lean Management, Agile management
- **Optimizing Project Management** (Block 4 - Preparatory and Reinforcement Modules): Project management training expectations, The main phases of project management, The main activities of project management, Different project management philosophies, The four key project management indicators, Waterfall and V-model management, Iterative (agile) management, Different project management philosophies, The budget tracking sheet, Schedule management, Risk management
- **Advanced Agile Methods / Scrum** (Block 4 - Preparatory and Reinforcement Modules): The history of project management, Different project management models, Visual management

## Broader curriculum context

Other modules from the same training program that provide complementary context:

- **Disability Management in the Workplace** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): Origins of the word, Taylorism, The Great War, Evolution of the legal framework 1919-1957, Evolution of the legal framework 1957-2005
- **Communicating in Project Mode** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): What is a project, Defining communication, Different types of communication, At which project stages to communicate, Why communicate in a project
- **Defining and Deploying Professional Monitoring** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): What is professional monitoring, Different types of monitoring, Different monitoring approaches, Different monitoring tools, Monitoring information
- **Public Speaking: Captivate and Persuade Your Audience** (Block 1 - Managing the Decision-Making Arbitration Phase of a Project Portfolio): What is good communication, The 3 qualities of a good communicator, Watch out for our beliefs, Taking the stage, Stage fright
- **Change Management and Innovation** (Block 2 - Operational Implementation of a Project Portfolio): Creativity, invention, and innovation, Sources of innovation, Why innovate, Paradigms, discontinuities, and customer insight as innovation levers, Customer insight - understanding customer needs
- **Innovation and Business Models** (Block 2 - Operational Implementation of a Project Portfolio): Invention, innovation, new products, Innovation and market, Sources of innovation, Innovation and consumption, Perception and behaviors toward innovation
- **Facilitating a Meeting** (Block 2 - Operational Implementation of a Project Portfolio): Objectives, What is a meeting, What is the purpose of a meeting, Pre-meeting preparation, Who should attend
- **Figma** (Block 2 - Operational Implementation of a Project Portfolio): Color systems, Images and pixels, Usage context, UX rules applied to UI, What is Figma
- **Data Analysis with Power BI** (Block 2 - Operational Implementation of a Project Portfolio): Data analysis - the starting point, Business Intelligence overview, Power BI tools and workflow, Why Power BI, Installation and workspace overview
- **Collaborative Innovation** (Block 3 - Project Team Management): Defining innovation, The social dimension of innovation, Business model of an innovation project or startup, Business plan of an innovation project or startup, Innovative business models - marketplaces
- **Design Thinking** (Block 3 - Project Team Management): Definition and origins of Design Thinking, The Design Thinking philosophy and approach, The 5-step methodology, Use case example, Immersion - how to conduct user interviews
- **Corporate Culture and Intercultural Management** (Block 3 - Project Team Management): Culture and interculturalism, Evolutions of globalization, Globalization, Consequences of globalization, Corporate cultures
- **Organizing Your Professional Daily Life for Efficiency and Peace of Mind** (Block 3 - Project Team Management): The concept of time, Why plan your day, Identifying time disruptors, Defining your ideal work environment, How to plan effectively with the GTD method
- **Interpersonal Communication** (Block 3 - Project Team Management): Interpersonal communication, The 3-dimensional model, Communication - the best posture to adopt, Adapting your posture to reach your objectives, The 4 rules of effective communication
- **Better Managing Emotions, Stress, and Conflicts** (Block 3 - Project Team Management): The concept of health in the workplace, Identifying tension-generating situations, Understanding stress mechanisms, Recognizing stress triggers and symptoms, Everything is a matter of perception
- **Energizing Your Professional Development** (Block 4 - Preparatory and Reinforcement Modules): Discover your Ikigai, Clarify your professional objective, Describe your accomplishments, Your job market is an iceberg, Your keywords are your lifelong friends

## Other technical competencies from the same diploma

- [Project Portfolio Management (PPM)](https://portfolio.josedacosta.info/en/skills/project-portfolio-management.md) - Select, prioritize, and balance a project portfolio, optimize resources, and manage overall portfolio performance.
- [Project Governance](https://portfolio.josedacosta.info/en/skills/project-management.md) - Design and implement governance structures (PMO, steering committees), maturity models (CMMI, OPM3), and ensure strategic alignment of projects.
- [Strategic Analysis](https://portfolio.josedacosta.info/en/skills/strategic-analysis.md) - Conduct macro-economic (PESTEL), industry (Porter's 5 Forces), and internal (SWOT) diagnostics to position the company and identify key success factor
- [Business Strategy](https://portfolio.josedacosta.info/en/skills/business-strategy.md) - Master strategic models (BCG, McKinsey, Ansoff), Porter's competitive advantage, and design growth, innovation, and digital transformation strategies.
- [Risk Management](https://portfolio.josedacosta.info/en/skills/risk-management.md) - Identify, analyze (qualitatively and quantitatively), and address risks through risk matrices, registries, and response strategies.
- [Agile & Scrum Methodologies](https://portfolio.josedacosta.info/en/skills/agile-scrum-methodologies.md) - Apply the Agile Manifesto, the Scrum framework (roles, events, artifacts), estimation techniques, and Kanban methodology.
- [Lean Six Sigma](https://portfolio.josedacosta.info/en/skills/continuous-improvement-lean-kaizen.md) - Apply Lean Management principles (5S, VSM, Kanban), the DMAIC Six Sigma methodology, and statistical tools for continuous improvement.
- [Performance Evaluation (KPIs)](https://portfolio.josedacosta.info/en/skills/performance-evaluation-kpi.md) - Define KPIs, build performance dashboards, analyze results, practice benchmarking, and use Business Intelligence tools.
- [Data-Driven Decision Making](https://portfolio.josedacosta.info/en/skills/data-driven-decision-making.md) - Leverage data and Business Intelligence tools to guide strategic and operational decisions in a factual manner.
- [Knowledge Capitalization](https://portfolio.josedacosta.info/en/skills/knowledge-capitalization.md) - Conduct lessons learned reviews, document insights, manage knowledge bases, and facilitate communities of practice.

## Acquired during: MBA Strategic Project Management

MBA Project Portfolio Manager at ECEMA (2021-2023), RNCP Level 7. Focused on strategic project management, financial analysis, team leadership, and organizational transformation.

[See full journey entry](https://portfolio.josedacosta.info/en/journey/mba-strategic-project-management.md)

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