"Part 2: Budgeting & Accounting. Chapter 7: Zero-Base Budgeting as a Technique"
Author: Blickhahn, Ronald R.
Published In: Facilities Management: A Manual for Plant Administration, first edition
Zero-base budgeting requires each function, activity, or program to be justified on the basis of its own merit to the organization. Emphasizes that the process in structured and formalized and describes its eight steps: defining goals and objectives, identifying planning assumptions, identifying decision units, identifying description packages, analyzing and ranking decision packages, developing alternatives and considering their results, preparing and authorizing the budget and allocating resources, and monitoring and evaluating the results. Describes the application of zero-base budgeting to physical plant operations.
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