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Budgeting for Performance Management
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Overview
Course Outline
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This intensive course will provide participants with a deep understanding of how budgeting can be a powerful performance management tool. The course will delve into budget preparation, implementation, monitoring, control, and evaluation processes that can aid in performance management. It will equip participants with the skills and knowledge required to align budgets with strategic objectives and use them as a tool for decision-making, planning, coordination, and performance evaluation.
By the end of the course, participants will be able to:
- Understand the integral role of budgeting in performance management.
- Develop a budget aligned with strategic objectives.
- Implement effective budget monitoring and control techniques.
- Use budgets as a tool for performance evaluation and improvement.
- Understand the challenges and potential solutions in budgeting for performance management.
Budgeting for Performance Management
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CPD Standards
Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.
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