Use of Rolling Forecasts and Relative Performance Results
The displeasure with respect to current budgeting practices is perhaps best epitomized by
a group referred to as the Beyond Budgeting Roundtable (BBRT—see: www.bbrt.org and
www.project.bbrt.org ). Instead of fixed performance contracts, the BBRT recommends the
use of relative performance (improvement) contracts and rolling financial forecasts.