Acquires and applies critical financial concepts and practices, based upon a thorough understanding of the Federal Government.
Key Behaviors
- Interprets and analyzes the meaning and implications of key financial indicators.
- Understands overall financial performance of the organization and the resulting capacity to manage supported projects.
- Uses financial analysis to evaluate strategic options and opportunities and recommend effective and practical alternatives.
- Uses financial and other quantitative information to manage resources provided for a project.
- Establishes and maintains realistic budgets.
- Draws accurate conclusions from financial information.
Developmental opportunities for this competency are available from the NIH Training Center.