Bottom-up and top-down are the two traditional approaches to estimating project budgets. Contrast the strengths of bottom-up and top-down approaches to project budgeting.© BrainMass Inc. brainmass.com October 25, 2018, 7:39 am ad1c9bdddf
Bottom-up project budgeting utilizes the experience and knowledge of staff members as well as lower-level managers in estimating budgets for projects. As a result, bottom-up is a strong approach where lower-level ...
1. Prefer a centralized or decentralized approach to budgeting, why?
2. What is meant by bottom-up or top-down with regard to budgeting?View Full Posting Details