Mr. X is designing a blueprint of funds for an organisations future operation to ensure that enough funds are available at right time. Identify the concept being highlighted above:

The correct option is Financial planning.

Here is a detailed, step-by-step explanation of why this concept is highlighted in the scenario:

1. Understanding Financial Planning:
Financial planning is the process of estimating the fund requirements of a business, deciding the sources of those funds, and ensuring their timely availability. The main objective of financial planning is to ensure that enough funds are available at the right time so that the organization can carry out its operations smoothly without facing shortages or keeping excess idle funds.

2. Analyzing the Scenario:
In the given statement, Mr. X is designing a "blueprint of funds" for the future operations of the organization. A financial blueprint serves as a guide for future financial activities. Since the focus is on estimating future requirements and ensuring that funds are available when needed, it perfectly matches the definition and objective of financial planning.

3. Why Other Options Are Incorrect:
- Investment decision: This involves deciding how the funds will be committed to different assets (like buying machinery or inventory) to earn a return. It is about allocating funds, not planning their overall future availability.
- Financial risk: This refers to the danger of a business being unable to meet its fixed financial commitments, such as interest payments or repayment of principal. It is a risk metric, not a planning blueprint.
- Dividend decision: This involves deciding how much of the company's earned profit should be distributed to the shareholders as dividends and how much should be retained in the business. It is concerned with the distribution of surplus profits rather than planning overall operational fund requirements.