From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Coming soon.

(Source: Business Continuity Management Institute - BCM Institute)

2. Budgeting is the process of predicting and controlling the spending of money within the organisation and consists of a periodic negotiation cycle to set budgets (usually annual) and the day-to-day monitoring of current budgets.

(Source: OGC, Information Technology Infrastructure Library (ITIL) v3)