Office of Management and Budget

The Office of Management and Budget is an administrative center at a government level. The members of the team are mainly political and educational staff. They are tasked with the continuance of the Executive Office of the President. This is the most fundamental reason that many of them retain their office in the Whitehouse no matter what party is in power. Its office is the biggest workplace within the United States’ Executive Office of the President. Prior to the formation of the OMB, the Bureau of Budget was the one in place. The office was established in the year 1921 by an Act of congress that was signed in place by President Warren Harding. The key mission of the office is to assist the president in the groundwork of the federal budget.  The administrative center is additionally tasked with supervision of its branches in Divisional agencies. In the assistance on the preparation of the budget plan, the OMB calculates the efficiency of organization programs, guiding principles and processes. In addition, the branch assesses the contending financial support requirements in agencies. Additionally, OMB sets the financial support precedence. The agency also makes sure that the reports that are presented by agencies are in line with the president’s budget (Office of Management and Budget, 2005, p. 86). Additionally, the office also makes sure that projected legislation and regulations are in line with the administration policies. The OMB also supervises and synchronizes the procurement by the Administration. To add on to this, the OMB also manages the finances of the administration and is responsible for the control of rules. In summation, the role of the OMB is to help augment the administration of the Government. In addition, the body is also responsible for the improvement of performance by agencies and synchronizes the relationship between governmental bodies (Office of Management and Budget, 2007, p. 90).

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