Resource Stewardship Flashcards
Resource stewardship
The careful and responsible management of resources under ones control
Personnel
Most valuable resource
Financial
Required to procure the material, energy, information and technology, and warfare resources
Material
Physical goods that are required by personnel to complete assigned duties
Warfare
War-related materials (training equipment, body armor, and armored personnel carriers, etc.)
Information & technology
Technological advancements ( cell phones, computers, email, Internet-enabled devices, etc)
Energy
Powers business, manufacturing, transportation,
Appropriation
Setting aside money for a specific purpose
Antideficiency act violations
Act that results in exceeding limitations (misuse) of funds authorized and appropriated by Congress in support of contract obligations
Budget allocation
Funding documents that represent cash for commitment or obligation that is issued by the deputy assistant secretary of the Air Force for budget to a major command or field operating agency
Budget allotment
Issues by major commands or field operating agencies to subordinate units
Continuing resolution authority
Fiscal law authority that allows the government to continue operations at a minimum level for a specific amount of time, usually a few days to a few weeks
Cost center
The organization that gathers and distributes cost data
Financial management board
Senior advisory committee chaired by the commander or deputy commander and includes group commander level members and the comptroller, directors, and special staffs
Financial working group
Reviews program and cost factors, compares actual with prior year costs, reviews justifications, periodically evaluates performance against estimates and submits a recommended financial plan to the fmb
Milestones associated with Budgeting process
Significant events in the budgeting process
Obligation
A legal binding agreement between the government and another party.
Program objective memorandum (POM)
Biennial memorandum submitted to the Secretary of Defense from each Military Department and defense agency. It proposes total program requirements for the next six years.
Resource Advisor (RA)
Budget representative for an organization. The RA participates actively in resource management, including the planning, programming, budgeting, acquiring consuming, storing, and disposing of resources. The RA is directly responsible to the RCM.
Responsibility Center Manager (RCM)
The RCM normally heads an organization that plans, organizes, directs, and coordinates activities of subordinate organizations and functions.
Timelines associated with Budgeting process
Submission deadlines associated with quarterly and annual budget requirements
Budget Execution Review (BER)
2 part process that occurs twice within each budget cycle to identify and redistribute funds to meet unfunded requirements such as unforeseen or initially unanticipated mission related expenses
Financial Execution Plan (fep)
Refers to a product formally called the Financial plan or fin plan. The FEP ensures an equitable distribution of the President’s Budget (PB) for the next fiscal year consistent with accomplishing Air Force program objectives and is the main vehicle for distributing anticipated funding
Antideficieny Act
Law that prohibits agencies from involving the government in a contract or obligation for the payment of money before an appropriation is made unless authorized by law
Unit manpower document
Computer product details the organization structure ( the number, skills, grade, and security requirements of manpower authorizations), the position number for each authorization, and other pertinent data that commanders and managers need to manage manpower resources
Funded requirements
An authorized and funded position needed to accomplish the assigned workload. Funded manpower position are allocated by category
Unfunded requirement
Refers to authorized but unfunded positions needed to accomplish the assigned workload
Authorized change request
A multi-purpose instrument used to propose adjustments to the UMD
