The Role of Planning Budgets in Rationalizing Investment Decisions: Applied Study

Abstract

The study aimed to analyze the impact of planning budgets on the efficiency of investment decisions at Sudani Telecom Company, one of the largest companies operating in the telecommunications sector. To achieve the study's objectives, the following hypothesis was tested: There is a statistically significant positive relationship between the use of planning budgets and the rationalization of investment decisions at Sudani, The more accurate the planning budget, the use of planning budgets contributes to reducing the degree of uncertainty associated with investment decisions. The study relied on the descriptive analytical approach. The study used a questionnaire to collect data. The study reached several conclusions, including: There is a positive correlation between the level of commitment to budgets and the high efficiency of using financial resources, which is reflected in achieving better investment returns and reducing potential risks, and that budgets are considered to be highly accurate and are used as a basic tool to support investment decision-making. The study made several recommendations, the most important of which are: enhancing the use of financial analysis tools to support the process of preparing and evaluating budgets and developing mechanisms for monitoring and periodically updating budgets in line with economic and technical changes.