Pareto Analysis on Budget Allocation for Different Categories of Faculties in Higher Education Institution
Autor: | Wan Noor Hayatie Wan Abdul Aziz, Norngainy Mohd Tawil, Abdul Halim Mohd Nawawi, Rossidah Wan Abdul Aziz, Adibah Shuib |
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Rok vydání: | 2013 |
Předmět: |
Higher education
business.industry Pareto analysis media_common.quotation_subject budget allocation Environmental economics Financial management Task (project management) Institution of higher learning efficiency Institution Economics General Materials Science Operations management business Set (psychology) Budget allocation Cumulative effect media_common |
Zdroj: | Procedia - Social and Behavioral Sciences. 90:686-694 |
ISSN: | 1877-0428 |
DOI: | 10.1016/j.sbspro.2013.07.141 |
Popis: | Managing budget for optimum effectiveness at various levels of the university is always a challenging task. This calls for a highly effective budget planning. Budget planning enables an organization to set priorities towards achieving certain goals and to identify highest priorities to be accomplished with the available funds. Our study is concerned with the budget allocation in one of the public universities in Malaysia. Preliminary data analysis has been conducted to analyse the budget performance involving data concerning budget allocations of three groups of faculties. The purpose of the analysis is to determine the allocation proportions among these groups and to identify the faculties that have the greatest cumulative effect on the university budget allocation. These results will provide significant insights for the management in dealing with planning budget allocation. This paper describes the data, concepts, structures, categories, processes, results and discussions, including the Pareto analysis, that have been conducted. |
Databáze: | OpenAIRE |
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