Project Management

Managers? Self-Reported Budget Performance And Satisfaction With Perceived Organizational Rewards

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Executive Summary

This study is an extension of prior research and further explores the relationship between managers' self-reported budget performance and satisfaction with perceived organizational rewards. Specifically, the relationship between the degree of satisfaction with sixteen reward components offered by the organization's environment and budget attainment is examined. An optimal model is determined that shows significant relationships exists between three of these reward components and budget performance. Budgets are critical planning and control devices. Although budget attainment can be thwarted by external economic forces uncontrollable for an organization, many aspects of a budget are controllable by the managers responsible for their respective unit's operations.

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