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.

Objectives:

1. Select meaningful performance measures
2. Create a performance-based budget, step-by-step
3. Decide if performance-based budgeting is right for your organization
4. Choose the key questions to ask in developing a strategic plan
5. 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