TOWARD FEDERAL PROGRAM BUDGETING,
RAND CORP SANTA MONICA CALIF
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It is proposed that program budgeting in the Federal government will allow key management functions to be carried out which are not now possible under our present administrative budgeting system that it can provide formal ways of regularly evaluating alternatives of stimulating marginal trade-offs among resources of identifying problem areas of generating improved management and investment strategies and procedures of formulating planning and operating theories and of defining information requirements. In order to make these contributions, program budgeting attempts to make explicit the relationship between direct outputs of programs patients treated, youngsters educated, missiles produced, etc. and the nations more profound objectives and purposes. Some basic concepts of program budgeting are presented, an example of a Federal program budget is developed, applications discussed, and problems and prospects of implementation are examined.
- Economics and Cost Analysis