12 Mar When an agency is working to maintain its commitment to a central mission while funding patterns change and new types of activities are supported, they can utilize a performance-bas
ONLY A RESPOND!
When an agency is working to maintain its commitment to a central mission while funding patterns change and new types of activities are supported, they can utilize a performance-based budgeting strategy. There are variations of this strategy, such as budgeting for results, which attempts to make a direct connection between mission, goals, and objectives and detailed revenue and expenditure estimates. This type of budgeting is based on three main principles: specification of goals from the top, choices on means of accomplishing goals and objectives determined at the program level, and accountability and incentives for results. In order to utilize this type of budgeting it is important that there are clear and measurable objectives, and responsibility for their achievement needs to be clearly assigned to units, programs, or individuals. Having an appropriate program design is also essential for this form of budgeting. The design needs to have a history of being effective in the circumstances that are planned by the program. Finally, managers and their staff need to have the responsibility and authority to do what is needed to achieve the objectives (Lewis & Lewis, 2011). Utilizing a financial strategy, such as budgeting for results, would allow an organization to change its programs with its funding. However, it is important that an agency is able to maintain the connection between its funding and its mission, goals, and objectives. Otherwise, they are losing sight of why the agency was created in the first place.
Lewis, J. A., Packard, T. R., & Lewis, M. D. (2011). Management of human service programs. Cengage Learning.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.