An Official Website of the United States Government
Friday, September 28, 2012
An Official Website of the United States Government
Friday, September 28, 2012
Investment Description
The Budget Formulation System (BFS) investment provides for the collection of budget formulation resources, agency salary and benefits allocation, OMB Homeland Security and Exhibit 53 reporting requirements. BFS is the main utility in creating, apprThe Budget Formulation System (BFS) investment provides for the collection of budget formulation resources, agency salary and benefits allocation, OMB Homeland Security and Exhibit 53 reporting requirements. BFS is the main utility in creating, approving and submitting of the agency's annual fiscal year budget. The primary beneficiaries of this investment are agency and office level budget directors who are able to run projection and/or 'what-if' analysis on their respective business line, office and/or division against budget resource data. The agency as a whole benefits from a centralized information source thus eliminating the risk of error during budget data inquiries from Congress, OMB and other external entities.BFS interfaces with the agency's Core Ledger Financial System (FAIMIS). Budget and expenditure data is transferred to and from these systems for the purpose of budget forecast and planning and current fiscal year budget vs. actual review. In FY13, BFS will interface with Time and Labor Modernization (TLM) to provide a direct link of labor hours into BFS's Salary and Benefit application. More..
FY2012 (CY) Spending
$746.95 K
Time frame of Investment
2008 - 2016
Status
Continued Major
Agency Head
Gregory B. Jaczko
Agency
NRC
Bureau
Agency-Wide Activity
Number of Projects
5
Cost Variance
Schedule Variance
Project Name | Planned Total Cost | Cost Variance | Schedule Variance |
---|---|---|---|
BFS - FY12 O&M | $577 K | ||
BFS - FY11 O&M | $289 K | ||
EPM 11.1.2.1 Upgrade | $180 K | ||
Budget App Job Code Enhancement | $170 K | ||
BFS Virtualization | $150.4 K |
Metric Description | Frequency | Unit of Measure | FY2012 Target | Most Recent Actual | Met/Not Met | Updated Date of Most Recent Actual |
---|---|---|---|---|---|---|
Availability of system during normal and off-peak hoursAvailability of system during normal and off-peak hours | Monthly | Percent | 93 | 98 | Met | 2012-06-25 |
Number of supplemental subsystems maintained to compensate for lack of BFS capabilities.Number of supplemental subsystems maintained to compensate for lack of BFS capabilities. | Semi-Annual | Units | 21 | 22 | Not Met | 2011-09-22 |
Overtime hours required to complete budget formulation processOvertime hours required to complete budget formulation process | Quarterly | Hours | 1,250 | 985 | Not Met | 2012-06-25 |
Time required for budget directors to review and approve budget submissionsTime required for budget directors to review and approve budget submissions | Monthly | Business Days | 7 | 6 | Not Met | 2011-10-25 |
Use of web based forms instead of MS Excel to create and modify budgets ensures a more streamlined, Use of web based forms instead of MS Excel to create and modify budgets ensures a more streamlined, consistent and error-reduced budget process More.. | Quarterly | Percent | 90 | 98 | Met | 2012-05-23 |
User acceptance and satisfaction with system as measured by surveysUser acceptance and satisfaction with system as measured by surveys | Quarterly | Percent | 68 | 80 | Met | 2012-01-27 |
Note: All descriptions, dates, and costs are as reported by agencies.