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Planning and Budgeting Is Everybody's Job
Author(s) -
McEncroe John
Publication year - 2000
Publication title -
opflow
Language(s) - English
Resource type - Journals
eISSN - 1551-8701
pISSN - 0149-8029
DOI - 10.1002/j.1551-8701.2000.tb02268.x
Subject(s) - capital budgeting , term (time) , business , process (computing) , unit (ring theory) , tracking (education) , process management , capital (architecture) , operations management , finance , financial plan , plan (archaeology) , computer science , operations research , engineering , project appraisal , sociology , quantum mechanics , operating system , pedagogy , physics , mathematics education , archaeology , mathematics , history
This article discusses methods to involve the entire staff of a water plant in the financial planning/budgeting for short‐term and long‐term operational, maintenance, and capital needs. Methods for categorizing investments by unit process are discussed along with tracking major maintenance costs. Suggestions are given on presenting the proposal in a concise and easily understandable format.