GPRA requires the budget process to be driven by what?

Study for the Certified Defense Financial Manager (CDFM) Exam 1. Engage with flashcards and multiple choice questions, with hints and explanations for each query. Prepare confidently for your exam!

Multiple Choice

GPRA requires the budget process to be driven by what?

Explanation:
The budget process is driven by planning. Under GPRA, agencies start with a strategic plan that sets long-term goals and desired results. Those goals are translated into specific, measurable annual performance goals and targets. The budget requests are then built to fund activities and programs capable of achieving those planned results. In this way, resources are allocated to support defined outcomes, and performance information is used to assess progress and inform adjustments in future planning and funding decisions. Execution and allocation are important parts of the cycle, but planning establishes the direction and basis for budgeting and resource decisions. Evaluation feeds back into the planning cycle, guiding revisions, but it’s planning that drives the budget.

The budget process is driven by planning. Under GPRA, agencies start with a strategic plan that sets long-term goals and desired results. Those goals are translated into specific, measurable annual performance goals and targets. The budget requests are then built to fund activities and programs capable of achieving those planned results. In this way, resources are allocated to support defined outcomes, and performance information is used to assess progress and inform adjustments in future planning and funding decisions. Execution and allocation are important parts of the cycle, but planning establishes the direction and basis for budgeting and resource decisions. Evaluation feeds back into the planning cycle, guiding revisions, but it’s planning that drives the budget.

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