Budget (Budgeting) is planning that is expected to be paid. By thinking ahead, and display the data as a number, and may be displayed in the form of money. The number of hours in the work. The number of hours the machine up wear products, overhead, etc.The importance of the budget.Considered to be an important tool in the control of project costs, as well as the work plan from project-level management until the company and used as a management tool to make effective financial planning, because it is a plan that shows the quantitative characteristics that occur in a given time, such as weekly, monthly, quarterly, or annual basis. In General, the budget will be made once a year, it's called the annual budget by the fiscal year often is based on the accounting period of the company. A budget is a tool that helps in planning. Determines objectives and goals in the business operation. It also can be used to control a budget plan, it will allow management to monitor the performance of individual divisions.The budget system of the scheme.The budget plan (Planning Program Budgeting: Planning Program Budgeting System: PPB or PPBS) is to prepare a budget from the start by planning to spend effective budget successful. Both efficiency and effectiveness at the same time (Efficiency and Effectiveness), which are prominent in the long term planning, as well as a aims to attain the objectives and can constantly be prepared statements that are used to manage the long term. As a comprehensive element management and not see just a part of the project, but the show covered the project overview in section 7.
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