Orçamento tradicional e rolling forecasts
: estudo acerca da realidade empresarial em Portugal

  • Diana Isabel Azevedo e Silva (Student)

Student thesis: Master's Thesis


The traditional budget (TO) is a tool used by most organizations in the planning and management control processes. However, due to the numerous disadvantages that several authors have been stating (Hansen, 2011; Player, 2003; Hope & Fraser, 2003a), companies have been abandoning their use, or using alternative tools, as a way of complementing and compensate for identified gaps. When companies decide to abandon the use of traditional budgeting, they can adopt a new management model, called beyond budgeting. When organizations intend to maintain the use of OT, but complement it with another tool, then we are facing the better budgeting model. In this sense, the present work aims to understand, in practice, what is the position of Portuguese companies, regarding the use of the budget and which alternative tool they use, or not, to the OT, with a main focus on rolling forecasts, as well as the impact of its use on the organization's performance. Thus, in order to respond to the objective of this study, the empirical investigation continued, through the implementation of questionnaires to a set of Portuguese companies, with the purpose of comparing the results with the literature. As a result, it was found that, for the sample of Portuguese companies, the OT apparently continues to be a tool mostly used in the planning and control processes. However, the study also seems to demonstrate a significant interest in the use of complementary tools, such as rolling forecasts and the balanced scorecard.
Date of Award28 Oct 2022
Original languagePortuguese
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorJosé Miguel Pereira dos Santos de Oliveira (Supervisor)


  • Management control systems
  • Strategic planning
  • Traditional budget
  • Rolling forecasts


  • Mestrado em Gestão

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