Budgeting for Performance Management

Budgeting for Performance Management

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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.

Objectives

  • 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.

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
Budgeting for Performance Management

Date: 15/12/2025 - 19/12/2025

Duration: 5 Days

Venue: London

Price:

£4,187.04

Offer Expires:

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.