Performance Management and Metrics Flashcards
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Read the first 6 Performance Management and Metrics flashcards as text
What federal law requires executive agencies, including DoD, to establish strategic plans, performance goals, and annual performance reports?
Answer: Government Performance and Results Act (GPRA)
The Government Performance and Results Act (GPRA) of 1993, modernized in 2010 (GPRA-MA), requires agencies to establish strategic plans, set performance goals, and report annual results.
What is an 'efficiency measure' in the context of DoD performance management?
Answer: A metric that relates outputs produced to inputs consumed, such as cost per unit of output
An efficiency measure relates outputs produced to the resources (inputs) consumed, helping managers determine whether the organization is producing results at an acceptable cost.
In DoD performance budgeting, what is the purpose of a Program Objective Memorandum (POM)?
Answer: To document a military department's proposed resource allocation across the Future Years Defense Program (FYDP)
The POM documents a military department's or defense agency's proposed allocation of resources across the six-year Future Years Defense Program (FYDP) in support of defense strategy.
What is the primary purpose of DoD's Balanced Scorecard approach to performance management?
Answer: To link strategic objectives to measurable outcomes across financial, internal process, learning, and mission perspectives
The Balanced Scorecard links strategic objectives to measurable performance outcomes across multiple perspectives—financial, internal processes, learning/growth, and mission—providing a comprehensive management view.
What does the term 'cost-effectiveness analysis' mean in DoD financial management?
Answer: Analysis that compares alternatives achieving the same objective by their relative costs when benefits cannot be monetized
Cost-effectiveness analysis compares alternative approaches to achieving a given objective by their costs when the benefits are the same or cannot be expressed in monetary terms, helping decision-makers choose the most efficient option.
Which DoD document translates the National Defense Strategy into specific force structure, program, and budget decisions?
Answer: Defense Planning Guidance (DPG)
The Defense Planning Guidance (DPG) translates the National Defense Strategy into specific guidance on force structure, modernization priorities, and resource levels that drive the PPBE process.
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