Learn Budgeting For Performance Management Course

Overview
Course Outline
Scheduled Dates

Course Overview

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.

Objective:

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.

Course Outline

Day 1 - Introduction to Budgeting and Performance Management

The role of budgeting in an organisation
Overview of Performance Management
Linking budgeting and performance management
Key challenges in budgeting for performance management

Day 2 - Budget Preparation for Performance Management

Identifying strategic objectives
Aligning budget with strategic objectives
Preparing a budget that supports performance goals.

Day 3 - Budget Implementation and Monitoring

Effective budget implementation techniques
Monitoring budget performance: Key metrics and indicators
Using budgets for coordination and communication

Day 4 - Budget Evaluation and Control

Techniques for budget control
Evaluating budget performance
Using budget variance analysis for performance management

Day 5 - Overcoming Challenges and Improving Performance

Common challenges in budgeting for performance management
Overcoming budgeting challenges
Case studies: Effective budgeting for performance management
Future trends in budgeting for performance management

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Finance and Accounting

Dubai

$4,900

Duration: 20 CPD hours (5Days)

date: 09 - 13 Dec 2024

Finance and Accounting

Budgeting for Performance Management

Duration:5 Days (20 CPD hours)

date:02 - 06 Sep 2024

London

$4,900

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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Why Choose London Training For Excellence?

Reliability

We will never cancel a confirmed booking
Support

We offer around the clock support
Tailored

We customise our courses to suit your personal learning needs
Quality

Our courses are delivered by highly experienced industry experts
Recognition

All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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