Capital budget proposals are typically presented to the CEO, CFO, COD, and controller. For this reason, managers need to make sure that capital budget proposals include relevant supporting documentation and financial analysis to support the proposed request. The goal is to obtain approval. Discuss the various ways that you as manager of your department can ensure that you prepare the best proposal possible. Include relevant resources and any action steps needed for this process. In response to your peers, provide any recommendations for proposal success. Because the annual budget can be more accurate by receiving input from each department manager this is often best practice for any organization. This allows the organization the benefit of getting the most accurate projections for each department for the capital budget proposal. As a manager it would be important for me to keep in mind what it is the organization hopes to achieve in the coming year and the potential financial responsibilities that will arise from these goals. I would familiarize myself with the departments financial statements and balance sheets from the past couple years to be sure my proposal supported the organizations ability to grow and achieve their set financial, service and organizational goals. Since budgets and real-world forecasting support financial control it will be important that my proposal utilize one of the four commonly used forecasting techniques. Keeping in mind that the more specific the technique used is, the costlier to the organization it can be when computer software is involved. To ensure that I as a manager I am providing the best possible proposal to my organization I would use one of the most commonly used techniques which include simple linear regression, curvilinear regression, multiple regression and specific item forecasting (Gapenski 8: Pink, 2015). Each one offers a different level of analysis for the organization to be able to assess the correlations among revenue, inventories, balances etc. Each technique will supply a different graph for the organization to have a visual representation to assess the company's financial position on with the proposed budget. These documents that are produced express managements