Business analysis > Curam Funded Program Management Guide > Conclusion

Summary of Main Concepts

The following is a summary of the main concepts covered in this guide:

• Funds are budgeted on a fund fiscal year basis.
• Funds can be associated with products and services, thus making them available to be associated with financial transactions related to these products or services.
• Funding rule sets provide logic for evaluating and selecting fund fiscal years for use in obligations. These rule sets are associated with products and services.
• Fund fiscal year line items are created when the budget is first defined. A budget adjustment is created anytime this budget is adjusted.
• An obligation is created each time a fund fiscal year is obligated in respect of a client.

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