In the course of the above, you must complete the following activities: • Activity 1: Plan financial management approaches • Activity 2: Implement the negotiated changes in the financial plan and budget • Activity 3: Prepare a contingency plan • Activity 4: Communicate revised master budget/financial plan and contingency plan to the team members • Activity 5: Implement variations to the financial budgets • Activity 6: Report on budget and expenditure • Activity 7: Recommend improvement to financial processes