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- Payment Terms: Enquire
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
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 courseparticipants 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.
Who Should Attend
This course is designed for professionals in budget preparation and control, strategic planning, financial management, and performance management. This includes but is not limited to financial managers, budget analysts, controllers, operations managers, and finance professionals.
Course Outlines
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
Job roles this course is suitable for:
financial controllers , accountants , auditors , financial analysts , asset managersAbout London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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