The Study of Factors Affecting the Success of Operational Budgeting in Bank Melli Iran

The operational budgeting is contemplated de facto¡ as an advanced budgeting method which designate the implicit relation between the planned funding requirements and projected targets of any organization such as banks¡ that in turn can augment and inspire the gross effectiveness¡ ex-efficiency and productivity of banking system¡ in toto. In this paper¡ an attempt is made to study de jure¡ the factors affecting on accomplishment of operational budgeting in Bank Melli Iran¡ viz-a-viz employing the Descriptive-Survey Methods which per se¡ includes case study and Delphi approach for the period 2015-2016¡ thereto. For this purpose¡ we have utilized the Delphi Questionnaire and 5 Choice Questionnaire¡ and in Delphi approach¡ we have specified four factors that may bear significant impact on modus operandi of budgeting in Melli Bank¡ Pro rata. Moreover¡ we have postulated a main hypothesis with four subsidiary hypotheses and have applied the Descriptive and Ratio Inferential Statistical Tests on them to validate the underlying theory and eventually have exerted the Factor Analysis Method to approve the adequacy of data Ipso facto. The results prima facie¡ indicate that four elements i.e. Fundamental¡ Behavioral¡ Structural¡ and Environmental factors are reckoned with outstanding effects on ascendancy of operational budgeting in Melli bank¡ Sui generis. Thus¡ the Melli Bank will be exhorted to adapt and foster those four determinants to optimum level and subsequently¡ pave the way for implementation of operational budgeting¡ Sine qua non.