4 ms·
There's also "zero based budgeting" (ZBB) that starts from zero and says "justify everything".
by Over2Chars 2y ago
There's also "zero based budgeting" (ZBB) that starts from zero and says "justify everything".
- KineticLensman 2y agoWhich in my experience sometimes involves copying last years justifications
- Over2Chars 2y agoIt might! But as I understand it and I am not an accountant (IANAA?), for non-ZBB budgets last years budget is usually used as a starting point and increases are justified. "Here's why I need more money to do the same things as last year, plus more money if you want me to do anything extra". I'd be curious what our man Le Cost Cutter Elon Musk does for budgeting?