Financial and Operational
Examples of controls to reduce risks of program losses or mismanaged operations:
- The tone at the top supports ethical values and sound business practices.
- Management reviews budget position reports for budget status.
- Management reviews periodic activity reports to evaluate whether objectives are being achieved.
- Systems provide timely, accurate, and sufficient information.
- The unit uses benchmarking and other measures to evaluate effectiveness and customer satisfaction.
- Resources, including equipment and personnel, are adequate to achieve program objectives.
- Procedures are written for key processes.