Cycle-based Budgeting (CBB) is built on ten key concepts, which you will see throughout this web site and in the toolkit. You can use these ten terms to help explain to your colleagues what CBB is about, why it can be helpful, and how to do it.  Due to its length, this post is divided into two parts. In this part, the following five key concepts are presented: Operation Expenditures vs. Investment Expenditures Investment Item Investment Item Owner Investment Cycle Expected Return OPERATION EXPENDITURES VS. INVESTMENT EXPENDITURES Differentiating certain budget items as investments sets the conceptual foundation for approaching those […]