Financial forecasting: Financial forecasting is one of the main responsibilities of the financial manager of the project, as it provides the project with the framework on which the planning and control processes are based, and the forecast is divided into two sections: long-term prediction forecasting short-term forecasting long-range forecasting is designed for the purpose of estimating the overall project needs of the funds long-term prediction techniques 1. Method of percentage of sales where the simplest methods are considered and where the financial requirements of the project are expressed on the basis of the percentage of annual sales invested in each item of of balance sheet items. Where the first step in this method is to separate the balance sheet lines and are expected to vary according to sales, this step applies to all asset lines in the balance sheet, the regression analysis method is an alternative to the percentage of sales in the estimation of financial needs is called a simple regression or dispersion map, and without going into many details it can be said that there are four methods of financial needs which are : • Percentage of sales. • Simple linear regression. • Minor non-linear regression. • The gradient is the most advanced method: It is based on the assumption that sales depend on a number of variables, and the use of a method below the other depends on the accuracy and the resulting returns, either short-term financial forecasting: It focuses mainly on the estimated cash budget, which is part of the system of estimated budgets within the project and we repeat that sales are the primary starting point for any work on the estimated budget forecasting the plans prepared by the administration would affect a future financial period of the enterprise in two ways affecting both internal and external expenditures. affect the profitability of the enterprise. The estimated budget is only a financial plan for the foundation, which includes how to access and spend funds and is a planning and control tool. The objective of the estimated budget is to improve the performance of the institution, where it can anticipate changes. The cash estimate budget assists in the short-term planning of cash requirements. The steps for the preparation of the cash budget can be summarized in: After the preparation of the work list is completed, we begin with the preparation of the cash estimate budget: Cash receipts are shown from the first class of the budget and then cash payments are summarized during each month and the difference between collections and disbursements is cash gain and loss during the month, on the basis of which the amount of funding required is estimated. Summary The Financial manager has many responsibilities. One of the most important of these is the financial forecasting of the project, which the financial manager is in the process of clarifying the project framework that the project and the administrators need in the area of planning and oversight, and the the financial forecast is divided into two parts and they predict that for long periods any longer term and the other part is a short term prediction time, as a long-term prediction is based on an assessment of the overall project or enterprise needs of the funds, There is also a discretionary budget developed by the Financial director, a financial plan for the project, which includes how to obtain and spend money, which is also used in planning and control sections, as well as research and development.