Zero Based Budgeting

What Is Zero‑Based Budgeting? Zero‑Based Budgeting (ZBB) forces every department to start each budgeting cycle from a “zero” baseline. Unlike traditional budgeting, which simply adjusts the prior year’s numbers, ZBB requires managers to justify every line‑item as if it were a new expense. This discipline uncovers hidden costs, redirects funds to high‑impact projects, and aligns … Read more