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Challenges in preparing Budgets?

Annual Budgets Operating Budgets Budgeting Developing Budgets
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Question added by Mohammed Fazlu Faiz , Revenue (Financial) Analyst , Cinnamon Grand (John Keells Holdings PLC Group)
Date Posted: 2014/02/21
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Khaled Abdel Hady
by Khaled Abdel Hady , Director of Facilities Management , TFM

  1.  Lack of proper monitoring and review
  2. Poor communication of the budget requirement
  3. Lack of clear policy and procedures on budgets
  4. Lack of proper co-ordination and lack of skilled personnelClear policy and procedures on budgets should be put in place to overcome any challenges.

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