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Centralizing Integrated Long Range Planning and Budgeting

Centralizing Integrated Long Range Planning and Budgeting
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Author(s): Taylor Valore (American University in Cairo, Egypt)
Copyright: 2011
Pages: 21
Source title: Cases on Business and Management in the MENA Region: New Trends and Opportunities
Source Author(s)/Editor(s): El-Khazindar Business Research and Case Center (School of Business, American University in Cairo (AUC), Egypt)
DOI: 10.4018/978-1-60960-583-4.ch005

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Abstract

Upon relocation to a new, state-of-the-art, 260-acre campus outside of Cairo, Egypt, the American University in Cairo (AUC) sought to revamp its annual planning and budgeting processes to address several deficiencies. Primarily, long-range planning and annual budgeting were two independent events with little synchronization. This case study will detail the process and technical aspects of AUC’s transition to a centralized and synchronized planning and budgeting cycle focused on determining appropriate workflows and leveraging database technologies to track planning initiatives throughout an approvals process. Readers will be able to weigh the drawbacks of centralization against the benefits of standardized budget review and planning.

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