Financial Literacy: Essentials for Federal Budgeting

This one-day course is an introduction to the federal budget process. Participants will learn what a budget is, how a budget is prepared, an understanding of the federal budget, and federal financial management. Learn how a budget is developed and executed, and how it may affect other budgets in the organization.

  • U.S. Federal Government Budget Process

    • Appropriations Authority
    • The Federal Government Budget Process
    • Where does government money come from and where does it go?
    • Creating the budget
    • Three roles of presidents budget request
    • Three types ofd budget programs

 

  • Cost Estimating Methods

  • Cost Estimations

    • The Cone of Uncertainty
    • Understanding and creating a 5 step analogy
    • Parametric Estimating
    • Program Evaluation Review Techniques (PERT)
    • Engineering Estimates
    • Your budget & financial responsibility
  • Increase knowledge of the federal budget process
  • Learn common budget terms
  • Characteristics of budgets and program budgets
  • Be able to assist in constructing an operating budget
  • Cost estimation, salaries, travel and contracts

Materials 

  • Participant workbook 
  • Presenter slides and outlines 
  • Case Studies and Media as appropriate 
  • Role-play scenarios 
  • Post-training assessment 

Room Requirements 

  • Internet access for the presenter 
  • Screen 
  • Projector (if not ceiling mounted then a table or cart will need to be provided)
  • Training room must be able to comfortably accommodate the number of participants plus room to move around for various activities) 
  • Rounds or pods, a small table for presenter’s materials, chairs for all participants
  • One Flip chart and easel for each round table (for small group work) and markers

Additional Requirements 

  • Elevate will choose training facilitators whose background and expertise will support the subject matter and goals of the client 
  • Instructors will use a variety of instructional methods including lecture, group projects, discussion, and role play 
  • Participants are expected to be actively engaged in the learning process 


To customize your seminar please call 646-416-6441 or email  julie@elevate4success.com


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