An (r, α)-bounded excess flow ((r, α)-flow) in an orientation of a graph G = (V, E) is an assignment f : E → [1, r − 1], such that for every vertex x ∈ V , | e∈E + (x) f (e) − e∈E − (x) f (e)| ≤ α. E + (x), respectively E − (x), are the sets of edges directed from, respectively toward x. Bounded excess flows suggest a generalization of Circular nowhere zero flows, which can be regarded as (r, 0)-flows. We define (r, α) as Stronger or equivalent to (s, β) If the existence of an (r, α)-flow in a cubic graph always implies the existence of an (s, β)-flow in the same graph. We then study the structure of the bounded excess flow strength poset. Among other results, we define the Trace of a point in the r-α plane by tr(r, α) = r−2α 1−α and prove that among points with the same trace the stronger is the one with the smaller α (and larger r). e.g. If a cubic graph admits a k-nzf (trace k with α = 0) then it admits an (r, k−r k−2 )-flow for every r, 2 ≤ r ≤ k. A significant part of the article is devoted to proving the main result: Every cubic graph admits a (3 1 2 , 1 2 )-flow, and there exists a graph which does not admit any stronger bounded excess flow. Notice that tr(3 1 2 , 1 2 ) = 5 so it can be considered a step in the direction of the 5-flow Conjecture. Our result is the best possible for all cubic graphs while the seemingly stronger 5-flow Conjecture relates only to bridgeless graphs. We also show that if the circular flow number of a cubic graph is strictly less * Research supported in part by FWF-grant P27615-N25, headed by Herbert Fleischner than 5 then it admits a (3 1 3 , 1 3 )-flow (trace 4). We conjecture such a flow to exist in every cubic graph with a perfect matching, other than the Petersen graph. This conjecture is a stronger version of the Ban-Linial Conjecture [1], [4]. Our work here strongly rely on the notion of Orientable k-weak bisections, a certain type of k-weak bisections. k-weak bisections are defined and studied in [4].