Course Description
NASA’s Budgeting Process (APPEL-NBP)
Audience
This course is designed for project team members who need an introductory course in NASA budget development.
Goal
When asked what participants learned that would be most beneficial to their work, they said…
"The overall budget process including definitions, of commitment, obligation and disbursement. Also, the legislation that defines the NASA budget process."
—ARC, 2007
This one-day course describes the steps involved in the U.S. government’s budgeting process while providing a framework for understanding how NASA project budget requests fit into the Agency’s overall budget. The course provides a survey of proper contingency and reserve planning to the budgeting process while reinforcing the importance of carefully tracking costs and obligations against the budget plan and reasons for variations.
Learning Methods
Lectures, discussions, and group exercises will present key concepts regarding the budget process.
Specific Objectives
Upon completion of this course, participants will be able to:
- Understand the Federal Budget Process
- Understand how project budget requests fit into the NASA budget picture
- Understand the team member’s role in developing the Program Operating Plan (POP)
- Describe the processes for cost estimating
- Identify significant needs and issues in preparing budgets
- Understand the importance of tracking costs and obligations against the budget plan and the reasons for the variances
Notes
This course is registered by the Project Management Institute (PMI) for 7 Professional Development Units (PDUs). PMI Course ID: LCP015
