DEVELOPING OF DECISION SUPPORT SYSTEM FOR BUDGET ALLOCATION OF AN R&D ORGANIZATION

Anisha Mohan, R Sasikumar

Abstract: The problem of optimizing fund allocation in the public sector through performance based budgeting is a complex process. This paper considered only a very small part of this process, namely the final allocation of public funds through goal programming technique. While analyzing the last nine years of budget data in an R&D organization, it is inferred that there is wide gap between fund utilization and its allocation. The paper proposes a performance based model to assist decision makers in assessing the R&D programmes of an organization and accordingly make budget allocation in a more realistic and accurate manner than before. The model has been finally implemented using Excel spreadsheet and the same can be used as a DSS (Decision Support System) for the performance-based allocation of public funds. This study has made an approach to assess the influence of priority and risks associated with R&D programmes using Fuzzy Set Theory (FST).

Keywords: Performance -based Budgeting, Goal Programming, Fuzzy Set Theory

DOI: https://doi.org/10.15623/ijret.2014.0327015