The Strategic Management Framework (SMF) is a new framework that replaces the Integrated Management Cycle.
The SMF has enhanced capacity and reach, including a broader focus beyond the annual budget process and a strengthening of key management actions such as analysis and evaluation.
The SMF addresses the limitations of its predecessor by extending its application beyond departments to include other public bodies. It shifts the focus from management activities structured around new funding to using existing financial management practices more efficiently.
Reflecting best practice, the SMF is structured around six core elements: