Enhancing Marine Corps Budgeting Practices: Optimizing O&M Fund Efficiency Through Refined Budget Formulation Standards

Abstract

The purpose of this qualitative study was to investigate the challenges and potential process improvements in Marine Corps Operations and Maintenance (O&M) budget formulation through the implementation of three key initiatives: (a) select recommendations put forth by the Commission on Planning, Programming, Budgeting, and Execution Reform; (b) the further integration of Defense Agencies Initiative and Global Combat Support System-Marine Corps capabilities related to budgeting, and (c) the development of a standardized O&M budget formulation template. The study explored how these initiatives can contribute to creating a more efficient O&M budgeting process that optimizes the utilization and consolidation process of O&M funds for the Fleet Marine Force. By employing a qualitative research method, this study provided a comprehensive understanding of the current challenges in Marine Corps O&M budget formulation, propose actionable recommendations for process improvements, and provided a standard O&M budget formulation template that can enhance financial management within the organization.