Programme budgeting

Programme budgeting,developed by U.S. president Lyndon Johnson, is the budgeting system that, contrary to conventional budgeting, describes and gives the detailed costs of every activity or programme that is to be carried out with a given budget. For example, Expected results in a proposed programme are described fully, along with its necessary resource, raw materials, equipment, and staff costs. The sum of all activities or programmes constitute the Programme Budget. Thus, when looking at a Programme Budget, one can easily find out what precisely will be carried out, at what cost and with what expected results in considerable detail.