Financial Management


Financial management in the context of space and astronautical engineering refers to the process of planning, organizing, directing, and controlling financial resources to achieve the goals of a space mission or program. It involves the management of budgets, financial reporting, risk management, and financial analysis to ensure that resources are used efficiently and effectively. Financial management is critical to the success of space missions, as it enables organizations to make informed decisions about resource allocation and to manage financial risks. It also helps to ensure that space missions are completed on time and within budget, while meeting the required quality standards.


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