What is the primary purpose of PBR?

The primary purpose of PBR, or Program Budget Review, is to ensure that the budgeting process aligns with the strategic goals and objectives of an organization. This process typically involves a comprehensive evaluation of the budget proposals for various programs, allowing stakeholders to assess whether resources are being allocated effectively to achieve desired outcomes. Through the Program Budget Review, organizations can identify priorities, ensure accountability, and optimize resource utilization, making it a critical component of financial planning and management.

Options such as Project Business Review and Performance Based Review may serve important functions in evaluating specific projects or performance metrics but do not encapsulate the broader financial oversight and planning goals inherent in the Program Budget Review. Similarly, Product Budget Regulation focuses more on regulatory aspects rather than the overall strategic assessment associated with budget planning and allocation.