Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 1-1 of 1 result for “Results-Oriented Budgeting”

  • Results-Oriented Budgeting

    Budgeting that attempts to link resource allocation decisions to performance criteria that include both output and outcome measures. Also referred to as Performance-Based Budgeting, these forms of budgeting add performance measures that look at outcomes of activities rather than at individual process steps. To be effective, these budget methods must be linked to the overall strategic plan of the organization, and each decision unit must support a particular goal and objective (similar to decision units in zero-based budgeting).

    See Also: Performance-Based Budgeting