Financial management is the balance of art and science to effectively and efficiently utilize money to meet the goals and objectives of the organization. The goals and objectives are aligned from the strategic vision of the senior leadership all the way through to the front line supervisors’ goals and objectives. This ensures that all of the effort and projects that are implemented during the lifecycle of the organization’s planning cycle are interrelated and corollary to one another. This helps eliminate the misappropriation of financial tools and assets. The art of financial management is mastering the perfect balance between financial tools, monetary assets, utilization balances between operating and capital expenditures and funding the right projects at the right time. This is complimented by the science and mathematical analysis of the current markets, money markets, debt and equity balances and ultimately the quantitative analysis fortifying key business decisions. Financial decisions on where capital is used and when it is allocated drives the projects which achieve the goals and objectives of the business. In any project there are three constraints that are always interrelated. The three constraints are scope, schedule and cost. The financial management decisions made are directly related to the operations of the business and the business’ ability to be successful. Throughout the financial management area of responsibility there are key functions that occur which encompass budget and forecast estimates, working capital management, raising capital through debt and equity options, outside investments into the organization, portfolio diversification and risk management. While the list is not all encompassing of the financial management role and responsibilities they do include key functional areas that facilitate financial success for the organization.