Research On Construction Enterprises Comprehensive Budget Management Effective Implementation

Comprehensive budget management is a mature management tool on study andapplication in western enterprises. Nowadays, many Chinese companies are also inthis practice to upgrade their management control in order to guarantee businesstargets. However, it is still a whole new field for most Chinese companies, whoalways had misunderstandings on its theory and application. The thesis is of boththeoretical and practical significance by choosing the construction company as thestudy object due to its specialties in operation and management, including the matrixorganization structure, project-by-project characteristics, and uncertainty in internaland external environment, either of which will influence the company’scomprehensive budget management. By referring to varieties of documentation, mostprevious studies focused on a particular subject, such as a manufacturing group, butlimited on the construction company. The thesis could provide a new perspective andsome guidance on implementation of the comprehensive budget management.With consideration of the operation of the construction company and discussionon existing problems in practice, the thesis shall mainly focus on the execution of thecomprehensive budget management and try to conclude a best practice on that.