Federal Budget Process

Course ID: 405                         Course Length: 2 day(s)

Overview:

Every manager needs a basic understanding of the federal budget process. This workshop is designed to cover all aspects of budget management, from understanding budgeting terms to the complete budget cycle. Participants will study key aspects of budgeting and increase their competence in this critically important organizational area. With this new knowledge, they will be prepared to better use available resources to accomplish their program objectives. Emphasis is on the requirements of the federal budget process.

Objectives:
At the end of the workshop participants should be able to:

• Know basic budgeting terms
• Take on their responsibilities as budget managers
• Set appropriate budget schedules
• Identify key processes and decision points
• Understand the budget cycle
• Handle work measurement
• Understand standard object class and the evolution of
  the budget process

Topics:

• Budget concepts and terminology
• The budgeting process
• Sources of budget data
• Estimating techniques
• Object class or categorization of data
• Organizational financial planning
• Required results of budgeting
• Making useful budgeting assumptions
• The budget cycle

Click here to view more courses in this category.