Allocating Limited Budgets Among Competing Projects

  • Rosalie T. Ruegg
  • Harold E. Marshall


The economic objective in allocating a budget is to maximize the total return on investment. In this chapter we illustrate practical approaches to budget allocation under two conditions. First, we illustrate allocation of a single budget, where the objective is to obtain the maximum return for that budget, without regard to future budgets. To do this, it is essential to make design/size increments of projects compete for funding.


Investment Cost Limited Budget Budget Allocation Annual Budget Chief Financial Officer 
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  1. Ruegg, Rosalie T. 1987. Life-Cycle Costing Manual for the Federal Management Program. NBS Handbook 135. Gaithersburg, MD: National Bureau of Standards.Google Scholar

Copyright information

© Springer Science+Business Media New York 1990

Authors and Affiliations

  • Rosalie T. Ruegg
  • Harold E. Marshall

There are no affiliations available

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