What does the Government Performance and Results Act (GPRA) require federal agencies to create?

Prepare for the CGFM Exam 1 with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you understand. Ace your exam by studying the key concepts of the governmental environment!

The Government Performance and Results Act (GPRA) mandates that federal agencies develop long-term strategic plans aimed at enhancing the effectiveness of government operations and accountability. This act emphasizes the need for agencies to set specific, measurable goals and objectives, as well as to assess their performance in achieving these goals over time. The requirement to formulate long-term strategic plans allows agencies to systematically evaluate their progress and align their resources accordingly, fostering a focus on results and enhancing transparency in government functions.

This focus on long-term strategic planning is critical as it not only guides agencies in their daily operations but also ensures that they remain accountable to stakeholders and the public for the outcomes of their actions and investments.

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