Any project application needs a carefully prepared ____ or an estimate of the ____ and ____ anticipated. A project is often based on a plan to ____ money first to address a specific aim, for example “to alleviate loneliness among single parents in the area by establishing a family centre”. Those responsible for the financial side of the project have to ____ the risks and ____ the likely outcomes from the project. If the external environment is unfavourable, the project may ____ its budget. The National Lottery Distributors require applicants to ____ or future funding may be withdrawn, so they are advised to consult all ____ or partners with a view to sourcing alternative funding to ____ their project.

Lexis of financial planning

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