Zero-based budgeting is a budgeting method where every expense must be justified for each new period, starting from a "zero base," rather than using previous budgets as a baseline.
Budget planning that requires all expenses to be justified anew.
Process of explaining the need for every budget item.
Assigning expenses to specific departments or projects.
Strategic management of institutional finances.
Zero-based budgeting promotes financial efficiency, accountability, and better resource allocation in higher education institutions.