What objective does the Financial Management Board (FMB) focus on?

The Financial Management Board (FMB) primarily focuses on determining priorities and resource allocation, which is crucial for effective financial governance and decision-making within an organization. This involves assessing the financial needs of various departments or projects and ensuring that resources are allocated in a manner that aligns with the organization's strategic goals. By prioritizing resources, the FMB helps to optimize financial performance, enhance operational efficiency, and ensure that the most critical initiatives receive the necessary funding and support.

Focusing on determining priorities and resource allocation allows the FMB to make informed decisions that reflect the organization's overall financial health. This objective ultimately helps to establish a framework where financial resources are utilized effectively, leading to improved organizational outcomes.