STRENGTHS AND WEAKNESSES OF BUDGETING MODELS WITH EMPHASIS ON ZERO BASED BUDGETING
Weaknesses:
- One very obvious weakness of this ZBB is that, a lot of management time is required which must have occasioned the delayed in the present government budgetary processes
- Require skills and expertise which can only be achieved through training in the use and application of ZBB
- It requires the general buy in through participation and cultural shift.
- Departments and Ministries whose activities are being subjected to ZBB may be threatened to exhibits dysfunctional behaviours which could frustrate the success of the program.
Note of warning:
Models are guides as a result of research and best practices. Adopting them wholesomely without adaptation to our peculiar environment may not produce the desired result.