Does the program demonstrate improved efficiencies or cost effectiveness in achieving program goals each year?
Explanation: Both efficiency targets were met in FY2005. One measure improved so much that it met its later FY target as well. The efficiency of the Agency’s programs & processes are expected to continue to improve by reducing time-to-completion of proposal solicitation, review & funding, & minimizing peer vetting costs per proposal reviewed. As well as the transition to the full electronic solicitation, submission, review, & processing of proposals that will continue into 2006. This major change in the Agency’s business process is anticipated to yield considerable efficiency & cost-effectiveness. The 2006 External Expert Panel Review report & score for the Portfolios also indicated considerable progress in outcomes. Factors that are playing a role in this are larger and longer term awards which reduce the relative cost of processing, days, and cost to grantees per award. A 25% increase in honoraria was to remain competitive with other research agencies in attracting qualified peer rev
