develop and document action plans

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GRADUATE INSTITUTE Perform the following steps to monitor compliance with the financial projections: 19. identify and document the deviations from budgets that generate an adverse effect on the budget objectives
20. Promptly develop and document action plans to remedy significant deviations from budget objectives and projections
21. Monitor and review the financial documentation against organisational objectives, revising and renewing the budget priorities as required to meet the operational contingencies and risk management, and managing the costs to targets set in the budget. Document the monitoring, managing and reviewing activities, and provide all the revised/reviewed budget priorities