Zero-base butgetting

[Sudha]

The previous years budget is not automatically considered as this years basis for resource allocation,instead each manager has to justify his entire budget request.

[Madhu]

Hi,your defnition is very vague can you please elaborate it.

[Shalini]

Traditional budgeting builds into an organisaition as a bias towards continuing the same activities year after year.Zers base budgeting ,in contrast, enables the organisation to look at its activities and priorities afresh.