The Office of Management and Budget (OMB) oversees departmental programs within the executive branch of the US government. It assists the president in creating the federal budget and plays a key role in program oversight. The OMB also has an Office of E-Government & Information Technology to improve and automate the federal government’s IT domain.
The Office of Management and Budget (OMB) is the office of management and budget, located within the Executive Office of the President (EOP) of the United States. This office was created in 1970, during the administration of President Richard Nixon, and has the primary role of overseeing all departmental programs within the executive branch of government. Prior to the creation of this office, all budgetary oversight was handled by the Office of the Budget, which was an office located within the Department of the Treasury.
The largest office within the executive branch, the Office of Management and Budget, supports many aspects of the overall management of the EOP. This includes human resources, information technology (IT), program management and procurement management, as well as overall performance and evaluation of agency objectives. The OMB is the primary body used by the executive branch to ensure that agencies achieve their goals as efficiently as possible.
One of the primary roles of the Office of Management and Budget is to assist the president in creating the federal budget. The federal budget is the president’s proposal to the United States Congress on the fiscal spending plan for the next fiscal year, which begins on October 1. The OMB is made up of sub-components that provide guidance and analysis on the levels of funding needed to achieve the administration’s desired goals. These subcomponents include the Office of Federal Financial Management, the Office of Information and Regulatory Affairs and the Office of Procurement Policy.
In addition to overseeing the budget, the Office of Management and Budget also plays a key role in the overall management of programs within the administration. This program oversight role provides the chair with insight into the effectiveness of procurement, spending, and adoption of administration and legislative policy objectives. This insight provides the president with a mechanism to evaluate the success and failure of programs and thereby ensure that the administration’s goals are met.
Another important area within the Office of Management and Budget is the Office of E-Government & Information Technology. With the expansion of information technology (IT) around the world, it is imperative to have a branch of government focused on improving and automating the domain of the federal government. This office was created to oversee and direct IT investment, security, and implementation throughout the federal government. This broader role provides OMB with the leverage needed to drive automation and productivity improvements through more effective government organization and management.
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