PDM项目BR08 BudgetingForecasting 0205精品文档.docx

PDM项目BR08 BudgetingForecasting 0205精品文档.docx

《PDM项目BR08 BudgetingForecasting 0205精品文档.docx》由会员分享，可在线阅读，更多相关《PDM项目BR08 BudgetingForecasting 0205精品文档.docx（26页珍藏版）》请在冰豆网上搜索。

PDM项目BR08BudgetingForecasting0205精品文档

BusinessRe-engineeringProjectPlan

BR08.Budgeting&Forecasting

InformationTechnologyStrategyandPlanConsultancy

Phase3Report

February1999

BR08.Budgeting&Forecasting

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