Engineering and finance need a shared account of assumptions, spending, and the operating plan.
What to look for
- 01
Connect department planning to the business strategy.
- 02
Distinguish the budget from the rolling forecast.
- 03
Use variance and business drivers to explain changes rather than merely reporting totals.
Keep in mind
The public handbook describes one company’s finance function. Detailed internal plans and tools may be restricted.
Try this next
Ask finance which engineering assumptions most affect the forecast. Assign an owner and update cadence to each important input.
Get the business & diligence templateNotes and exercises by Awesome CTO. The original work belongs to GitLab.