A model of the planning, programming, and budgeting problem
Brent, Robert Stephen
Jones, Carl R.
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A model of the planning, programming and budgeting problem is formulated. The variables of the model are resources, elements, characteristics, benefits (measures of effectiveness), and costs. The nature of the PPB problem requires that the model incorporate multiple measures of benefit and cost. To characterize efficient choices in t he PPB context decision rules which are necessary and sufficient for efficiency are derived. Discounting of benefits over time is discussed. Sensitivity analysis of the model is performed. Decentralization possibilities in the model are explored.
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