Zero-based budgeting

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf budgeting method
gptkbp:adoptedBy gptkb:government
gptkbp:aimsTo eliminate unnecessary expenses
gptkbp:contrastsWith traditional budgeting
gptkbp:criticizedFor complexity
time-consuming process
gptkbp:focusesOn allocating resources based on needs
https://www.w3.org/2000/01/rdf-schema#label Zero-based budgeting
gptkbp:involves building budget from zero each period
gptkbp:originatedIn 1970s
gptkbp:popularizedBy gptkb:Peter_Pyhrr
gptkbp:requires justification of all expenses
gptkbp:usedIn gptkb:business
gptkb:government
nonprofit organizations
gptkbp:bfsParent gptkb:ZBB
gptkbp:bfsLayer 6