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Performance-based budgeting is an approach in which funding for an institution "depends on performing in certain ways and meeting certain expectations". [10] " Historically, many colleges have received state funding based on how many full-time equivalent students are enrolled at the beginning of the semester". [ 9 ]
OMB Circular A-11 ("Preparation, Submission, and Execution of the Budget") is a United States government circular that addresses budget preparation for federal agencies, [1] and is "the primary document that instructs agencies how to prepare and submit budget requests for OMB review and approval". [2]
Performance budget is a budget that is based on achieving specific outcomes or objectives, rather than simply allocating resources. It emphasizes measuring and evaluating the effectiveness of government programs and services, and allocating resources to achieve the greatest impact.
Performance-Based Budgeting: Linking budget allocations to performance outcomes is an evolving practice. It involves setting specific targets and metrics for government programs and allocating funds based on the achievement of these targets.
Program budgeting or programme budgeting, developed by U.S. president Lyndon Johnson, is the budgeting system that, contrary to conventional budgeting, describes and gives the detailed costs of every activity or program that is to be carried out with a given budget. For example, expected results in a proposed program are described fully, along ...
Before the GPRA was enacted, there was an attempted piece of legislation in the 1960s trying to fulfill the task the GPRA now achieves; it was called the Program Planning and Budgeting System. Similar legislation also attempted to approach performance management such as Zero-Based Budgeting, Total Quality Management, and a few other minor ...
Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.
Results-based management (RBM) is a tool for monitoring and managing the implementation of strategy. [1] It in many respects is similar to the logical framework approach , a strategy implementation tool used extensively by Non-governmental organizations .