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                                    C.2.2. Financial Governance FrameworkBudgeting%u2015 This IDP Proposes an integrated budgeting framework that provides equal weight to academic infrastructure investment capital allocation for research and operational recurring expenditure.%u2015 A transparent budgeting process, supported by concurrent audits and structured managerial reporting, will be institutionalised to establish financial transparency and accountability across all campuses.Strategic Financial Planning%u2015 Long term capital budgeting for all campuses, for new research faculties and for startup incubators will be integrated into a unified financial planning process, Return or investment (RoI) metrics for evaluating investments for innovation, research and socially relevant works will differ, recognizing the longer gestation periods for research and incubation initiatives%u2015 Risk-Reward Balancing %u2013 Process thereby weighing the benefits of a decision Versus risks.%u2015 Endowment investments will be diversified to balance bet risk and reward16
                                
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