{"id":295434,"date":"2023-04-24T14:10:49","date_gmt":"2023-04-24T18:10:49","guid":{"rendered":"https:\/\/www.nasa.gov\/?post_type=topic&p=295434"},"modified":"2024-02-13T14:23:09","modified_gmt":"2024-02-13T19:23:09","slug":"ocfo-functions","status":"publish","type":"topic","link":"https:\/\/www.nasa.gov\/ocfo\/ocfo-functions\/","title":{"rendered":"OCFO Functions"},"content":{"rendered":"<div id=\"\" class=\" hds-module hds-module-full wp-block-nasa-blocks-secondary-navigation\"><div class=\"hds-secondary-navigation-wrapper z-top width-100 padding-0\"><div id=\"\" class=\"hds-secondary-navigation width-full border-bottom-1px text-center hds-color-mode-light hds-module hds-module-full wp-block-nasa-blocks-hdsnav\"><button type=\"button\" class=\"hds-secondary-nav-mobile-button display-flex tablet:display-flex desktop:display-none width-full flex-align-center bg-carbon-90 border-color-carbon-80 color-spacesuit-white\" aria-expanded=\"false\" aria-controls=\"hds-secondary-nav-track\"><span>OCFO<\/span><svg width=\"16\" height=\"16\" alt=\"\" enable-background=\"new 0 0 400 400\" viewBox=\"0 0 400 400\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m4.2 122.2 195.1 195.1 196.5-196.6-37.9-38-157.8 157.8-156.8-156.8z\" \/><\/svg><\/button><div class=\"hds-secondary-nav-track grid-container grid-container-extrawide padding-0 tablet:padding-x-3 desktop:padding-x-2 \"><div class=\"hds-secondary-navigation-menu-items\"><nav><ul class=\"usa-nav__primary usa-accordion flex-justify-center margin-0\"><li class=\"usa-nav__primary-item\"><button type=\"button\" class=\"usa-accordion__button usa-nav__link\" aria-expanded=\"false\" aria-controls=\"basic-nav-section-one\"><span>OCFO<\/span><svg class=\"hds-desktop-submenu-toggle-icon display-none tablet:display-none desktop:display-block\" width=\"16\" height=\"16\" alt=\"\" enable-background=\"new 0 0 400 400\" viewBox=\"0 0 400 400\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m4.2 122.2 195.1 195.1 196.5-196.6-37.9-38-157.8 157.8-156.8-156.8z\" \/><\/svg><svg class=\"hds-mobile-submenu-toggle-icon display-block tablet:display-block desktop:display-none\" width=\"16\" height=\"16\" viewBox=\"0 0 16 16\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><circle cx=\"8\" cy=\"8\" r=\"7.5\" fill=\"#0B3D91\" stroke=\"white\"\/><rect x=\"4\" y=\"7.6001\" width=\"8\" height=\"0.8\" fill=\"white\"\/><rect class=\"hds-mobile-submenu-toggle-icon-line-vertical\" x=\"7.59998\" y=\"12\" width=\"8\" height=\"0.8\" transform=\"rotate(-90 7.59998 12)\" fill=\"white\"\/><\/svg><\/button><ul id=\"basic-nav-section-one\" class=\"usa-nav__submenu\" hidden><li class=\"usa-nav__submenu-item \"><a class=\"usa-nav__link\" target=\"_self\" href=\"https:\/\/www.nasa.gov\/..\/ocfo\">Home<\/a><\/li><li class=\"usa-nav__submenu-item \"><a class=\"usa-nav__link\" target=\"_self\" href=\"https:\/\/www.nasa.gov\/ocfo\/about-ocfo\/\">About<\/a><\/li><li class=\"usa-nav__submenu-item \"><a class=\"usa-nav__link\" target=\"_self\" href=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-priorities\/\">Priorities<\/a><\/li><li class=\"usa-nav__submenu-item \"><a class=\"usa-nav__link\" target=\"_self\" href=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-university\/\">CFO University<\/a><\/li><li class=\"usa-nav__submenu-item \"><a class=\"usa-nav__link\" target=\"_self\" href=\"https:\/\/www.nasa.gov\/ocfo\/nasa-cost-and-schedule-symposium\/\">Cost and Schedule Symposium<\/a><\/li><\/ul><\/li><li class=\"usa-nav__primary-item usa-current\"><a class=\"usa-nav__link\" href=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-functions\/\">Functions<\/a><\/li><li class=\"usa-nav__primary-item \"><a class=\"usa-nav__link\" href=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-leadership\/\">Leadership<\/a><\/li><li class=\"usa-nav__primary-item \"><a class=\"usa-nav__link\" href=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-center-cfo-offices\/\">Center CFO Offices<\/a><\/li><li class=\"usa-nav__primary-item \"><a class=\"usa-nav__link\" href=\"https:\/\/www.nasa.gov\/documents-and-references\/\">Documents and Services<\/a><\/li><\/ul><\/nav><\/div><\/div><\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Functions<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Agency Budgets<\/strong><\/h3>\n\n\n\n<p>On an annual basis, NASA is required by law to develop a budget, and report to Congress and the public on its fiscal management and programmatic performance. The NASA Strategic Plan is updated every four years to outline the strategic direction, goals, and priorities the Agency will pursue to achieve our Mission.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/budgets-plans-and-reports\/\">Agency Budgets, Strategic Plans, & Annual Financial and Performance Reports<\/a><br><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Appropriations<\/strong><\/h3>\n\n\n\n<p>NASA\u2019s annual budget request is subject to the congressional appropriations process.  The Agency Appropriations Liaison, on behalf of NASA, is responsible for communicating and working with the House and Senate Committees on Appropriations to secure annual appropriations outcomes that maximize NASA\u2019s budget request to achieve Agency strategic objectives, closely communicating with the Committees on implementation of enacted budgets via Operating Plans, and responding to Appropriations reporting requirement.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/ocfo-appropriations\/\" data-type=\"topic\" data-id=\"364027\">NASA-related Congressional Appropriations Information<\/a><br><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Financial Management Policy<\/strong><\/h3>\n\n\n\n<p>Pursuant to the Chief Financial Officer\u2019s Act, an Agency CFO is statutorily empowered to \u201cdirect, manage and provide policy guidance and oversight of agency financial management personnel, operations and activities\u201d of their agencies. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/financial-management-policy\/\" data-type=\"topic\" data-id=\"339588\">Financial Management Policies  <\/a><br><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Comprehensive Compliance Strategy<\/strong><br><\/h3>\n\n\n\n<p>To progress in our work we must operate in an environment where risk is managed in a disciplined way.  Similar to our technical practices, our financial and management practices also strive to minimize and mitigate risk through the strategies and procedures we develop and implement.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/comprehensive-compliance-strategy\/\" data-type=\"topic\" data-id=\"339603\">Comprehensive  Compliance Strategy<\/a><br><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategic Insights and Budget Models and Tools<\/strong><\/h3>\n\n\n\n<p>Strategic Insights and Budget (SIB) provides models and tools to the entire NASA community.   We enable a more realistic assessment of program viability by providing estimators and analysts with the means to more closely estimate cost and risk of future technology development programs.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/sid-models-tools\/\" data-type=\"topic\" data-id=\"339627\">SIB Models\/Tools<\/a><br><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>SIB Research Analysis<\/strong><\/h3>\n\n\n\n<p>Strategic Insights and Budget (SIB) also supports and manages research activities to better understand risk factors inherent in NASA programs that develop new technologies or space flight capabilities.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/sid-research-and-analysis\/\" data-type=\"topic\" data-id=\"339611\">SIB Research Analysis<\/a><br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">SIB Performance<\/h3>\n\n\n\n<p>The Strategic Planning and Reporting (SPaR) Branch is responsible for planning, monitoring, and assessing performance management activities for the Agency and communicating those results to senior leadership and external stakeholders. Specifically, SPaR leads the development of the Agency\u2019s strategic plan every four years in coordination with Agency leadership, the Administration, and OMB guidance. It also conducts and manages performance activities across the Agency in alignment with GPRAMA and Evidence Act requirements. Lastly, SPaR provides analysis for Agency leadership and external stakeholders relating to NASA\u2019s performance, budget, organizational health, and accountability efforts.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nasa.gov\/performance\/\">SIB Performance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Functions Agency Budgets On an annual basis, NASA is required by law to develop a budget, and report to Congress and the public on its fiscal management and programmatic performance. The NASA Strategic Plan is updated every four years to outline the strategic direction, goals, and priorities the Agency will pursue to achieve our Mission. [...]<\/p>\n","protected":false},"author":191,"featured_media":453796,"parent":282359,"menu_order":0,"template":"","meta":{"nasa_hds_core_meta_l10n":"en-US","nasa_hds_core_meta_article_editor":"","nasa_hds_core_meta_article_contacts":[],"nasa_hds_core_meta_article_topic":"","nasa_hds_core_meta_linked_locations":[],"nasa_hds_core_meta_article_related_articles":[],"hds_migrate_meta_pr_release_id":"","hds_migrate_meta_pr_release_type":"","nasa_hds_core_meta_location_x":"","nasa_hds_core_meta_location_y":"","nasa_hds_core_meta_gallery_images":[]},"categories":[11776],"news-tags":[],"internal-terms":[],"coauthors":[10447],"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"WebPage","headline":"OCFO Functions","url":"https:\/\/www.nasa.gov\/ocfo\/ocfo-functions\/","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/www.nasa.gov\/ocfo\/ocfo-functions\/"},"thumbnailUrl":"https:\/\/www.nasa.gov\/wp-content\/uploads\/2023\/04\/nasa-control-room.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/www.nasa.gov\/wp-content\/uploads\/2023\/04\/nasa-control-room.jpg"},"articleSection":"Organizations","author":[{"@type":"Person","name":"Bill Keeter"}],"creator":["Bill Keeter"],"publisher":{"@type":"Organization","name":"NASA","logo":"https:\/\/www.nasa.gov\/wp-content\/themes\/nasa\/assets\/images\/nasa-logo.svg"},"keywords":["Organizations","Office of the Chief Financial Officer (OCFO)"],"dateCreated":"2023-04-24T18:10:49Z","datePublished":"2023-04-24T18:10:49Z","dateModified":"2024-02-13T19:23:09Z"},"rendered":"<meta name=\"parsely-title\" content=\"OCFO Functions\" \/>\n<meta name=\"parsely-link\" content=\"https:\/\/www.nasa.gov\/ocfo\/ocfo-functions\/\" \/>\n<meta name=\"parsely-type\" content=\"index\" \/>\n<meta name=\"parsely-image-url\" content=\"https:\/\/www.nasa.gov\/wp-content\/uploads\/2023\/04\/nasa-control-room.jpg?w=150&h=150&crop=1\" \/>\n<meta name=\"parsely-pub-date\" content=\"2023-04-24T18:10:49Z\" \/>\n<meta name=\"parsely-section\" content=\"Organizations\" \/>\n<meta name=\"parsely-tags\" content=\"Organizations,Office of the Chief Financial Officer (OCFO)\" \/>\n<meta name=\"parsely-author\" content=\"Bill Keeter\" \/>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/nasa.gov\/p.js"},"read_time":3,"time_ago":"1 year","featured_image":{"id":453796,"file":"https:\/\/www.nasa.gov\/wp-content\/uploads\/2023\/04\/nasa-control-room.jpg","title":"nasa-control-room","alt":"NASA Control Room","caption":"Audrey Steffan order 109862 Images for Annual Report and Museum photog: Dutch Slager"},"_links":{"self":[{"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/topic\/295434"}],"collection":[{"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/topic"}],"about":[{"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/types\/topic"}],"author":[{"embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/users\/191"}],"version-history":[{"count":27,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/topic\/295434\/revisions"}],"predecessor-version":[{"id":614345,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/topic\/295434\/revisions\/614345"}],"up":[{"embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/topic\/282359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/media\/453796"}],"wp:attachment":[{"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/media?parent=295434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/categories?post=295434"},{"taxonomy":"news-tags","embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/news-tags?post=295434"},{"taxonomy":"internal-terms","embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/internal-terms?post=295434"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.nasa.gov\/wp-json\/wp\/v2\/coauthors?post=295434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}