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Top-level Design of Project Funding Management for Geological Survey Industry Institutions

In: Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

Author

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  • Xinyi Zhao

    (Ministry of Natural Resources Administrative Service Bureau)

Abstract

This article examines the pivotal components of the top-level design for project funding management within geological survey industry institutions. It places particular emphasis on delineating the objectives and principles of project funding management, budget formulation and administration, fund application and approval processes, fund settlement and reimbursement procedures, fund utilization and oversight, fund statistical analysis and reporting, internal control mechanisms and risk management strategies, as well as the implementation of information technology infrastructure. The paper systematically outlines prospective avenues for research aimed at enhancing the efficiency of project funding management. Future studies are poised to achieve significant breakthroughs in various domains, including data-driven fund management, intelligent and automated administration, the application of blockchain technology, innovative green fund management, and advanced risk management practices.

Suggested Citation

  • Xinyi Zhao, 2024. "Top-level Design of Project Funding Management for Geological Survey Industry Institutions," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Yan Li & Yan Ke (ed.), Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023), pages 296-302, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-272-9_33
    DOI: 10.2991/978-94-6463-272-9_33
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