PDM项目BR08 BudgetingForecasting 0205精品文档Word下载.docx
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InformationTechnologyStrategyandPlanConsultancy
Phase3Report
February1999
ScopeandObjective
Thisprojectisconcernedwithcreatinganenvironmentofgreateroperationalplanningandcontrolthroughupgradingtheannualbudgetingprocess,introducingamechanismforcompletingrollingforecaststhroughoutHuaweiandreportingperformanceagainstbothbudgetandforecast.Thisprojectaddressesthefollowing:
Budgetandforecastpreparation.
∙Budgetapproval.
∙Performanceanalysisandreportingactualagainstbudget/forecast.
Thefocusofthisprojectisontheoperationalaspectsofthebusinessandassuchexcludesprojectbudgeting.Expenditureapprovalandcostmonitoringforindividualprojectsisaddressedinthe“ProjectInvestmentManagement”initiative.
ThescopeoftheprojectwillcoverallareasofHuawei’sbusinessoperations,inthateachpartofthebusinesswillneedtobeinvolvedincreatingbudgetsandforecastsandinreportingperformanceagainstthosebudgetsandforecasts.Themainareaofimpactwillbeinthefinanceoperation,whichwillberesponsibleformanagementofthebudgetingandforecastingprocess.
IndesigningnewbudgetingandforecastingprocessesthisprojectwillseektoIeveragethefeaturesprovidedinthe‘GeneralLedger’and‘GeneralLedgerDesktopIntegrator’(GLDI)modulesoftheOraclesuitofapplications.UseoftheseOracleapplicationsisrecommendedastheGeneralLedgerisalreadystandardwithinHuaweiandtheintroductionofGLDIwillallowbudgetsandforecaststobecreatedusingtheflexibilityofPCspreadsheets,withtheresultsuploadedtothemainfinancialsystemsforreportingandperformancemonitoring.
SpecificareasincludedinthescopeofBudgeting&
Forecastinginclude:
∙Thebudgetcycle.
∙OverallapproachtobudgetingwithinHuawei.
∙Frequencyofforecasting.
∙Levelofdetailtobeincludedinforecasts.
∙Budgeting/forecastingresponsibilities.
∙Performancereporting.
Theobjectivesofthisprojectareto:
∙Createandintroducearegularbudgetcycle.
∙Createandintroducearegularforecastingcycle.
∙CreateamechanismformanagingtheBudgeting&
Forecastingprocess.
∙Createaperformancereviewmechanismwhereareasofthebusinessaremeasuredagainstbudgetandforecastresults.
WhencompletedthisprojectwilldeliverthefollowingimprovementsasrecommendedintheITStrategyandPlanConsultancyPhase1report:
∙Aprocessforpreparationofbudgetsbyindividualfunctions,withmanagementreviewandapproval,andmonthlyreportingofperformance.
∙Responsibilitycentresandreviewlevelsforimplementing"
ResponsibilityAccounting"
.
∙Measurementstandards(triggerlevels)forbudgetvarianceanalysisandreview.
∙Asystemofrollingfinancialforecasts.
∙ModificationstotheexistingOracleFINmodule"
controls"
toenableneededbudgetarycapabilitiesandreporting.
∙Aspreadsheetbasedsystemtoprovidefinancialforecasts.
∙Aspreadsheetbasedsystemtosimplifybudgetpreparation.
Note:
ThisprojecthasspecificallyexcludedanyreferencetoYear2000capabilityincludingYear2000contingencyplanningandcomplianceissues.AssuchtheIBMconsultantteamhasnotprovidedanyadvicenordoesitmakeanyrecommendationsinrespectofensuringYear2000complianceforanyexistingorproposedsystems.InallcaseswheretechnologysolutionsarereferencedthetechnologysuppliershouldbecontactedtodetermineYear2000compliancestatus.
BusinessBenefits
Issuesbeingresolved
ThisprojectwillhaveapositiveimpactonovercomingthefollowingspecificissuesidentifiedintheITStrategyandPlanConsultancyPhase1report:
∙50%salesforecastaccuracy.
∙Lackofcoordinationoftheannualbudgetingprocess.
Intangiblebenefits
Thisprojectwillprovidethefollowingintangiblebenefits:
∙Bettervisionofactualperformanceagainstplannedperformance.
∙Greateraccuracyandthusreliabilityinforecastsovertime.
∙Clearerassignmentofresponsibilities.
∙Greaterrigourandstandardisationintheplanningprocess.
∙Earlywarningofupcominglikelyresultsandthusanabilitytoreactmorequickly.
Tangiblebenefits
Thisprojectwillprovidethefollowingtangiblebenefits:
∙Creationofbudgetcycle
∙Creationofforecastingcycle
∙Improvementincashflow
Approach
Thisprojectwillbeundertakenin3phases.
Focus
TheFocusphaseisconcernedwithdefiningtherolebudgetingandforecastingwillplayinsupportingthebusiness(e.g.planning,performanceevaluation,effortcoordination),andtherelationshipbetweenbudgetingandforecasting.Approachessuchastop-downorbottom-upbudgeting,functionalorprocessbudgeting,fixedorflexiblebudgetingandcorrespondi