Analysis Made On The Practice Of Overall Budget Management In Drainage Hydroelectricity Developing Company

As an enterprise management way, budget management is applied to the hydroelectricity developing company. This paper focuses on the research and study of the overall budget management in the hydroelectricity developing company, combines the main theories and approaches of current budget management to analyze how to carry out overall budget management in the drainage developing company, (which is a special company organization structure), analyzes and researches all linkages, steps and problems of budget management, therefore, an hydroelectricity developing company overall budget management is concluded and summarized. Hopefully it can have special reference to similar companies to perform the overall budget management.Part 1 Preface: To present and explain the purpose and meaning of this research, basic idea, logic structure and research approaches.Part II Case Analysis (The basic information of overall budget management in XXX company)First, the basic information of the case company and its field is concluded and generalized. The characteristics of such business are summarized, particularly the organization structure, long period of construction, large demand for capital, production without or with few stocks, simple calculation of cost, sales with the involvement of government, and etc.Second, the basic information of budget management in the case company is described. Key features, organization system, management flow, main roles, main experiences and shortages, and etc, are organized, narrated and concluded to give prominence to the vivid characteristics of overall budget management of drainage hydroelectricity developing company. The capital management is the important content of budget management due to the long term of hydroelectric investment and construction, and the large demand for capital as well. The particularity of power production and sales, the cost singularity of power product as well as the features of its organization determine the essential role of cost control in business budget management. Those mentioned above are fundamental to the following analysis and research of budget cases.Part III Case analysis and researchBased on the successful experience and shortages of budget management in case company and budget management theories, practice and business characteristics, various key linkages of overall budget management are analyzed and studied. Then each key linkage of budget management is optimized and adjusted according to analysis and study; and systematic solution is proposed to resolve the real situation of drainage hydroelectricity developing company.1) Analysis and study of budget environment management: Analysis and conclusion are made on company administration, leadership support, staff participation and basic management, especially the influence of company management incompleteness in China on the budget.2) Selection and construction of budget information system: Up to now, there is no real budget information management system based on computer technology in native drainage hydroelectricity developing companies, which restricts the efficiency of overall budget management. The main budget management problems with Excel software, budget management's requirement of budget management information system are analyzed, and then a further discussion is made on how to establish budget information management system.3) The workout and performance of budget: Analysis and study are made on budget workout basics, company goals and optimization of budget workout flow and so on. The budget workout basics of case company should not be the sales predication of normal companies, but should be decided in terms of company strategic goal so as to assure the leading and controlling function of business budget. Analysis and studies are made on the controllable principles in the course of budget workout.4) Budget process control and difference analysis: The multi-dimension budget process controlled system which is based on the budget real-time control (special in the key business operation), budget simulation running, budget mid-term difference analysis, budget mid-term adjustment and budget auditing rules and etc., are put forward according to actual working experience. 5) Budget evaluation and examining: general theories of budget examination are mentioned, and analysis are made on budget examining system combining cost specification, budget accomplishment specification and non-quantitative specification in terms of the examining features of cost center.First, on the basis of investigation and careful analysis, accurate conclusion of production and management, operation feature is made to find out its difference from other businesses.Second, overall budget management strategy of drainage hydroelectricity developing company is analyzed combining the budget management theories with the actual situation of similar companies.Third, the budget management strategy mentioned in this paper is meaningful in the overall budget management. The analysis and research is based on operation of overall budget management, the existing problems in operation management are mentioned, and solution and suggestion are proposed. Therefore, improved suggestion and measurement are provided with better guidance.There is not enough research on theories. Analysis is made mainly on the practice of budget management in drainage hydroelectricity developing company. Only a few new solutions and methods are mentioned in the analysis of practice research.