Module Objectives At the successful completion of this module, you will understand the following: Objective 1: The importance of Trend Analysis in budgetary and financial management. Objective 2: How to use the key components of Analysis to analyze obligation and performance data. (Data gathering, refining data, analysis, projections and updating data). Objective 3: How to conduct a Trend Analysis of data in the case study organization. Analyzing data changes due to cost growth and/or program growth. This includes: Arraying data to assist in analysis. Relating data unto each other. Linking variables in data to assist forecasting and analysis. Objective 4: How to conduct a Variation Analysis designed to test the validity of the Trend Analysis completed as a part of Objective 3. An Example of a Statement Typifying Trend Analysis the past four years the number of persons in the department has declined “Over 23.7 percent from 885 to now there are only 675.” Analysis Well that went pretty well. You briefed your performance measurement analysis and recommendations to Mr. Johnson in a meeting with most of the other analysts who likewise briefed their accounts. Mr. Johnson approved your recommendations. He asked you to get with the MAT Division point of contact (POC) to let him know which indicators you settled on. You are to also establish a mechanism for them to feed performance data to the Budget Office on a monthly basis. That having been done, you return to your workstation anxious to get settled into a normal routine. You turn to your computer and find another e-mail from Mr. Johnson.
Module Objectives At the successful completion of this module, you will understand the following: Objective 1: The importance of Trend Analysis in budgetary and financial management. Objective 2: How to use the key components of Analysis to analyze obligation and performance data. (Data gathering, refining data, analysis, projections and updating data). Objective 3: How to conduct a Trend Analysis of data in the case study organization. Analyzing data changes due to cost growth and/or program growth. This includes: Arraying data to assist in analysis. Relating data unto each other. Linking variables in data to assist forecasting and analysis. Objective 4: How to conduct a Variation Analysis designed to test the validity of the Trend Analysis completed as a part of Objective 3. An Example of a Statement Typifying Trend Analysis “Over the past four years the number of persons in the department has declined 23.7 percent from 885 to now there are only 675.” Analysis Well that went pretty well. You briefed your performance measurement analysis and recommendations to Mr. Johnson in a meeting with most of the other analysts who likewise briefed their accounts. Mr. Johnson approved your recommendations. He asked you to get with the MAT Division point of contact (POC) to let him know which indicators you settled on. You are to also establish a mechanism for them to feed performance data to the Budget Office on a monthly basis. That having been done, you return to your workstation anxious to get settled into a normal routine. You turn to your computer and find another e-mail from Mr. Johnson.
BUDG8100-M_v5.0_122112.docx