Budgeting for Performance Management

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled 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.
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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
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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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Duration: 5 Days

date: 09 - 13 Dec 2024

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date: 07 - 11 Apr 2025

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date: 07 - 11 Jul 2025

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date: 28 Jul - 01 Aug 2025

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date: 01 - 05 Sep 2025

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date: 01 - 05 Dec 2025

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date: 15 - 19 Dec 2025

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  • Finance and Accounting

Budgeting for Performance Management

Duration:5 Days

date:09 - 13 Dec 2024

Dubai

Dubai

$4,900


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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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Budgeting for Performance Management

  • United Arab EmiratesDubai
  • calendar09 - 13 Dec 2024
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  • United Arab EmiratesDubai
  • 09 - 13 Dec 2024
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