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Budget Formulation and Execution

Federal personnel are required to:

Demonstrate ability to develop and manage a project or program budget.
Demonstrate knowledge of budget submission requirements.
Demonstrate knowledge of historical budget records and costs and how to use them in forecasting.
Demonstrate ability to quantify potential for cost savings and cost avoidance.
Demonstrate ability to use an LCCA in budget preparation.
Demonstrate ability to identify quantitative and qualitative risks.
Demonstrate ability to advocate for funding using economic analysis.
Demonstrate ability to prioritize projects or programs based on funding levels.
Demonstrate ability to manage operating budget and produce required financial reports.
Demonstrate knowledge of invoice and expenditure approval processes.
Demonstrate ability to recommend and conduct funding reallocation based on changing priorities.
Demonstrate ability to conduct periodic financial reviews and produce required reports.

Related Courses

Title	Description	Organizations	Competencies
Financial Analysis of Energy Efficiency Projects I	Rising energy prices, dwindling resources and environmental impacts are headline news for today’s business owners. Energy efficiency projects have been shown to be low risk, high return investments. Financial analysis is key to getting your project approved by decision makers. If your project is presented using the language and terms they recognize, you will be off to a good start. Therefore energy managers require a thorough grasp of how economic analysis is used to evaluate return on investment. This enables you to compare and prioritize projects, and gain management approval. This course stresses the use of simple financial terminology when presenting projects for approval. In addition, we will learn to determine simple return on investment and payback period of a project and construct a cash flow table and obtain the discounted payback, net present value and internal rate of return of a project. We will end with an explanation of lifecycle costing and its importance when attempting to gain project approval. The course link will take you to the Energy University landing page; if this is your first Energy University course, click “Join” and complete the form. Returning students can “Login” from the landing page. You can search for each course by title. This course is accredited by: USGBC, BOMI, CIBSE, ACORE, REEP, FIRE, AFE, CPD, IAAT, and FENITEL	Schneider Electric	Assess Initial Conditions, Budget Formulation and Execution, Business, Budget and Contracting, Commissioning and Energy Savings Performance Contracts (ESPC), Contracting, Energy Management, Life-Cycle Assessment, Total Cost of Ownership
Financial Analysis of Energy Efficiency Projects II	Many country and state governments are providing financial incentives for energy efficiency projects in the form of tax credits. Building the value of these credits into your financial analysis can help you to win approval for your projects. However, our financial analysis is only as good as the data that we put in. There are some common pitfalls that we should take care to avoid. This course helps to illustrate why including elements such as marginal cost and blended rates are essential when calculating savings. We will use Excel to construct cash flow, internal rate of return, net present value, and annual return. The course link will take you to the Energy University landing page; if this is your first Energy University course, click “Join” and complete the form. Returning students can “Login” from the landing page. You can search for each course by title.	Schneider Electric	Assess Initial Conditions, Budget Formulation and Execution, Business, Budget and Contracting, Commissioning and Energy Savings Performance Contracts (ESPC), Contracting, Energy Management, Life-Cycle Assessment, Total Cost of Ownership
Financing and Performance Contracting for Energy Efficiency Projects	Everywhere, the economy is tight and banks becoming more and more cautious with regards to lending. However, this doesn’t mean that there is no alternative business funding options for you. The purpose of this course is to discuss general financing alternatives, the aspects of performance contracting, along with ways to measure and verify energy savings. The course link will take you to the Energy University landing page; if this is your first Energy University course, click “Join” and complete the form. Returning students can “Login” from the landing page. You can search for each course by title. This course is accredited by: IEEE, USGBC, AHLEI, BPI, BOMI, CIBSE, ACORE, REEP, FIRE, AFE, CPD, IAAT, and FENITEL	Schneider Electric	Assess Initial Conditions, Budget Formulation and Execution, Business, Budget and Contracting, Commissioning and Energy Savings Performance Contracts (ESPC), Contracting, Energy Management, Life-Cycle Assessment, Total Cost of Ownership

Title

Description

Organizations

Competencies

Financial Analysis of Energy Efficiency Projects I

Rising energy prices, dwindling resources and environmental impacts are headline news for today’s business owners. Energy efficiency projects have been shown to be low risk, high return investments. Financial analysis is key to getting your project approved by decision makers. If your project is presented using the language and terms they recognize, you will be off to a good start. Therefore energy managers require a thorough grasp of how economic analysis is used to evaluate return on investment. This enables you to compare and prioritize projects, and gain management approval. This course stresses the use of simple financial terminology when presenting projects for approval. In addition, we will learn to determine simple return on investment and payback period of a project and construct a cash flow table and obtain the discounted payback, net present value and internal rate of return of a project. We will end with an explanation of lifecycle costing and its importance when attempting to gain project approval.

The course link will take you to the Energy University landing page; if this is your first Energy University course, click “Join” and complete the form. Returning students can “Login” from the landing page. You can search for each course by title.

This course is accredited by: USGBC, BOMI, CIBSE, ACORE, REEP, FIRE, AFE, CPD, IAAT, and FENITEL

Schneider Electric

Assess Initial Conditions, Budget Formulation and Execution, Business, Budget and Contracting, Commissioning and Energy Savings Performance Contracts (ESPC), Contracting, Energy Management, Life-Cycle Assessment, Total Cost of Ownership

Financial Analysis of Energy Efficiency Projects II

Many country and state governments are providing financial incentives for energy efficiency projects in the form of tax credits. Building the value of these credits into your financial analysis can help you to win approval for your projects. However, our financial analysis is only as good as the data that we put in. There are some common pitfalls that we should take care to avoid. This course helps to illustrate why including elements such as marginal cost and blended rates are essential when calculating savings. We will use Excel to construct cash flow, internal rate of return, net present value, and annual return.

Schneider Electric

Financing and Performance Contracting for Energy Efficiency Projects

Everywhere, the economy is tight and banks becoming more and more cautious with regards to lending. However, this doesn’t mean that there is no alternative business funding options for you. The purpose of this course is to discuss general financing alternatives, the aspects of performance contracting, along with ways to measure and verify energy savings.

This course is accredited by: IEEE, USGBC, AHLEI, BPI, BOMI, CIBSE, ACORE, REEP, FIRE, AFE, CPD, IAAT, and FENITEL

Schneider Electric