Performance-Based Budgeting

Performance budgeting may be the best way to respond to increasing customer demand at a reasonable cost. Performance budgeting provides the means to link performance goals to the appropriate resources and then hold managers at each level accountable for achieving the results.

Performance-based budgets put the money where the goals are. Large organizations and the government are increasingly turning to this results-based approach to allocate limited resources.

Course objectives include:

• Select meaningful performance measures
• Create a performance-based budget, step-by-step
• Decide if performance-based budgeting is right for your organization
• Choose the key questions to ask in developing a strategic plan and a balanced scorecard
• Link annual plans with the budget

Who should attend: Anyone who creates, audits, or must comply with a budget.
Program level: Basic
Prerequisites: No prerequisites or advance preparation required
Delivery method: Group live
Recommended CPE credit: 8 hours

Questions? You can find our FAQ here.