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Performance-based budgeting. Performance-based budgeting is the practice of developing budgets based on the relationship between program funding levels and expected results from that program. The performance-based budgeting process is a tool that program administrators use to manage budget outlays more cost-efficiently and effectively.
Performance-based contracting (PBC) is about buying performance, not transactional goods and services, through an integrated acquisition and logistics process delivering improved capability to a range of products and services. PBC is a support strategy that places primary emphasis on optimising system support to meet the needs of the user.
Race to the Top (R2T, RTTT or RTT) [1] was a $4.35 billion United States Department of Education competitive grant created to spur and reward innovation and reforms in state and local district K–12 education. Funded as part of the American Recovery and Reinvestment Act of 2009, it was announced by President Barack Obama and Secretary of ...
Eric Alan Hanushek (/ ˈhænəʃɛk /; [1] born May 22, 1943) is an economist who has written prolifically on public policy with a special emphasis on the economics of education. Since 2000, he has been a Paul and Jean Hanna Senior Fellow at the Hoover Institution, [2][3][4] an American public policy think tank located at Stanford University in ...
The Performance Based Research Fund ( PBRF) was a New Zealand tertiary education funding process, assessing the research performance of tertiary education organisations (TEOs) and then funding them on the basis of their performance. [1] The PBRF provided NZ$ 316 million to support the tertiary sector in 2018/19.
“Performance-based funding and operational enhancements are supporting FAMU's strategic priorities including student success initiatives, licensure passage rates, Florida College System AA ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
The platform aims to replace traditional approaches to infrastructure financing and development with "performance-based infrastructure" marked by projects that are funded where possible by internal rates of return, as opposed to tax dollars, and evaluated according to life-cycle social, ecological and economic impacts, as opposed to capacity ...