lect13 - Lecture 13: BUDGETING* Outline: What are the...

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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 1 Lecture 13 Outline: What are the purposes of budgeting systems? purposes of budgeting systems? •W h a t i s program budgeting? program budgeting? What can it accomplish? What are the potential pitfalls potential pitfalls of instituting such a system? h a t strategy strategy was used to implement it at the MBTA? What happened? A cautionary tale about organizational organizational change. change. _______________ * Based on work by Arne Howitt of the Harvard University Kennedy School of Government Lecture 13: BUDGETING*
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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 2 Lecture 13 Control Efficiency Resource Allocation/Planning Team-Building Public Education and Accountability Purposes of Budgeting
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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 3 Lecture 13 Program budgeting is a decision-making process that helps an organization consider how different budget options would affect its performance Program budgeting focuses on the efficiency efficiency and resource allocation resource allocation functions of budgeting. It can contribute to control control and team team -building building as well. Program Budgeting
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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 4 Lecture 13 Compared to conventional incremental budgeting, program budgeting promises: -- more reasoned decisions -- probing of the organization’s “base budget” -- logical connections between budgeting and other key management processes -- improved capacity to explain and defend budget choices -- improved team-building Program Budgeting’s Benefits
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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 5 Lecture 13 Mission Statement Goals/Objectives Programs Activities Impacts/Results Strategic Planning Program Building Program Budgeting in Perspective
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Nigel H.M. Wilson 1.259J.11.542J/ESD.227J, Fall 2006 slide 6 Lecture 13 “Demand” or “Workload” -- e.g. number of engine overhauls, staffing needs “Inputs,” “Resources,” or “Expenditure Objects” -- e.g. personnel, materials, equipment “Outputs” or “Products” -- e.g., passenger miles of service, buses preventively maintained “Outcomes” or “Impacts” -- e.g., single-occupant vehicle trips averted Program Budgeting Data
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Nigel H.M. Wilson
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This note was uploaded on 12/06/2011 for the course ESD 1.259j taught by Professor Nigelwilson during the Fall '06 term at MIT.

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lect13 - Lecture 13: BUDGETING* Outline: What are the...

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