Budget Planning Task

A Budget Planning Task is a planning task that produces a planned budget.

• Context:
  • It can range from being a Personal Budgeting Task to being an Organizational Budgeting Task.
  • It can be solved by a Budget Planning Process (that may be supported by a budget planning IT system).
• Example(s):
  • Your team is tasked with creating a budget plan for next year.
  • …
• Counter-Example(s):
  • Project Planning.
  • Program Planning.
• See: Dieting Task, Zero-based Budgeting.

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References

2015

• http://www.investopedia.com/university/budgeting/
  • What is budgeting? Basically, it's making sure that you're spending less than you're bringing in and planning for both the short- and long-term. Unfortunately, many people think of budgeting as depriving themselves and they avoid it like they do a diet. However, just like a diet is really just a program for eating, budgeting is just a program for spending.

2010

• http://www.nonprofitaccountingbasics.org/reporting-operations/budgeting-process
  • QUOTE: The budget process is the way an organization goes about building its budget. A good budgeting process engages those who are responsible for adhering to the budget and implementing the organization's objectives in creating the budget.

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