Define the Tracking Objectives

There are many potential uses for a financial tracking exercise. Before you begin, you need to ask why you are doing a tracking exercise. 

Potential Uses of Finance Tracking
  • Monitor funding
  • Analyze funding by main sources and uses
  • Compare funding over time
  • Advocate for more funding, overcome funding bottlenecks
  • Ensure funders meet commitments
  • Gauge the success of commodity security efforts
  • Facilitate procurement decisionmaking
  • Improve transparency
  • Anticipate funding gaps
  • Respond better to spending surveys

Define the finance tracking objectives

In a table similar to the one below, list your objectives and the questions you want to answer to reach your objectives. Throughout the tracking exercise, review the list occasionally.

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