Saturday, June 23, 2012

Data-Driven Decision-Making: Turning Budget Constraints Into Opportunities

Recovery Resources - Data-Driven Decision-Making: Turning Budget Constraints Into Opportunities.
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Data-Driven Decision-Making: Turning Budget Constraints Into Opportunities Tube. Duration : 4.48 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Recovery Resources . Facing a budget freeze and growing across-the-board budget reductions along with much greater scrutiny of spending, federal agencies are going to have to rely on tightly integrated financial and program data as they determine which actions to take and investments to make to improve efficiency and reap savings, according to CGI Initiative Fellow Vincette Goerl. In addition, as she explains in the video interview below, this year's budget process is an especially difficult one because of the new transparency expectations created by the publication of detailed information about Recovery Act spending. The FY2011 budget proposed by the Obama administration calls for a three-year freeze on non-security discretionary spending, accomplished through funding increases in high-priority programs and cuts in low-priority programs. And so, Goerl observes, agencies must become even more adept at allocating resources among programs.
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