1.Understand impacts of financial position in own area and that of the organisation. 2.Use insight to curtail or support business and investment activities. 3.Achieve the best return on investment and deliver more-for-less on specific budgets by managing resources and maximising the use of assets. 4.Balance policy aspiration and delivery, outlining the risk and benefits of different options to achieve value for money, ensuring all submissions contain appropriate financial information. 5.Weigh up the priority and benefits of different actions and activities to consider how to achieve cost effective outcomes. 6.Use financial processes and tools to evaluate options and ensure financial and management information is accurately reflected in business plans. 7.Can account for expenditure and create well-supported arguments for extra expenditure (for example, overtime). 8.Take opportunities to challenge the misuse of resources, in order to achieve value for money and sustainable ways of working.