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Budgeting For Performance Management

An Interactive 5-Day Training Course

Budgeting For Performance Management

Planning and Managing Organisational Excellence

NASBA
Classroom Schedule
Date Venue Fees
15 - 19 Jun 2026 Paris $ 5,950
27 - 31 Jul 2026 London $ 5,950
31 Aug - 04 Sep 2026 Dubai $ 5,950
12 - 16 Oct 2026 Rome $ 5,950
02 - 06 Nov 2026 Dubai $ 5,950
21 - 25 Dec 2026 Paris $ 5,950
15 - 19 Mar 2027 London $ 5,950

Course Summary

Budgeting For Performance Management is designed to help organisations allocate scarce resources effectively to create and deliver value for key stakeholders, whether in profit-making businesses or public sector service delivery. This training  course explores how strategic goals can be translated into detailed operating plans through budgeting and cost management within a performance management framework. Participants will gain insights into both traditional and advanced budgeting techniques, cost analysis, and approaches that enhance organisational effectiveness. Budgets serve as critical tools for implementing organisational strategy, and the Budgeting For Performance Management training course equips professionals with the skills to link budgeting and performance goals for improved decision-making and value creation.

Particular emphasis is placed on understanding the role of budgets in performance management, combining financial and non-financial metrics, and mastering cost planning and control tools. Participants will also explore forecasting methods and adaptive budgeting approaches that support responsive performance management in dynamic environments. The Budgeting For Performance Management training course prepares professionals to contribute to organisational success by improving budgeting practices and integrating cost management with strategic objectives.

Skills & Competencies

From this Budgeting For Performance Management training course, participants will develop the following key skills and competencies:

  • Strategic budgeting alignment
  • Cost analysis proficiency
  • Performance management integration
  • Forecasting and analytics capability
  • Variance analysis and reporting
  • Adaptive budgeting mindset

Key Learning Outcomes

At the end of Budgeting For Performance Management training course, you will learn to:

  • Understand how budgeting fits within performance management frameworks.
  • Combine financial and non-financial metrics for effective budgeting.
  • Compare and apply traditional and advanced cost management approaches.
  • Use forecasting and analytical methods for budgeting decisions.
  • Apply strategic cost planning to enhance organisational performance.

How You Will Learn

Learning develops through structured exploration of budgeting principles, performance management frameworks, and cost analysis techniques. Participants engage with practical budgeting scenarios and reflective exercises that strengthen analytical thinking. Emphasis is placed on translating budgeting knowledge into practical organisational decisions that improve performance management and strategic outcomes.

Who should Attend?

This training course is designed for professionals involved in budgeting, cost management, and performance measurement functions across organisational contexts.

This Budgeting For Performance Management training course is suitable to a wide range of professionals but will greatly benefit:

  • Divisional managers
  • Planning managers
  • Budgeting officers
  • Functional managers and team leaders
  • Financial professionals
  • Head office reporting team members
Course Outline
Day 1

Budgeting and Business Performance Management

This day establishes the role of budgeting within performance management frameworks and competitive strategy. Participants explore how budgeting supports stakeholder value creation and integrates with organisational strategy. The topics covered will include:

  • Creating value for key organisational stakeholders
  • Business Performance Management (BPM) frameworks
  • The fundamentals of competitive strategy
  • The vital role of budgeting and cost management in BPM
  • Principles of financial and management accounting
  • Key financial measures of value creation
  • Using strategy maps to integrate non-financial measures
Day 2

Cost Planning and Cost Management

This day focuses on cost behaviour, traditional and advanced costing approaches, and how cost management supports performance objectives. Participants examine methods to reduce costs strategically. The topics covered will include:

  • Defining and understanding cost behaviour
  • The role of costing in performance management
  • Traditional costing: absorption costing
  • Traditional costing: marginal costing and break-even analysis
  • Traditional costing: standard costing control frameworks
  • Developments in costing: Target and Kaizen costing
  • Developments in costing: Activity Based Costing (ABC)
  • A strategic approach to cost management and reduction
Day 3

Steps and Techniques in Budget Preparation

This day develops forecasting and analytical skills foundational to budget preparation. Participants explore statistical tools and methods for planning budgets and managing capital expenditure. The topics covered will include:  

  • Forecasting techniques for budgeting
  • Business Intelligence and budgeting
  • Diagnostic and predictive analytics for budgeting
  • Statistical tools and techniques in sales forecasting
  • Statistical tools and techniques for cost forecasting
  • Steps in the budgeting process
  • Budgeting and managing capital expenditure (CapEx)
  • Cash flow forecasting and budgeting
  • Styles and approaches to budgeting
  • Human and behavioural aspects of budgeting
Day 4

Using Budgets to Monitor and Manage Performance

This day connects budget outcomes to performance measurement and reporting. Participants learn how to analyse variances and design effective financial dashboards. The topics covered will include:  

  • Principles of Responsibility Accounting
  • Variance analysis and performance management
  • Standard costing and cost management
  • Using data analytics to find the root cause of variances
  • Data visualisation techniques for financial reports
  • Designing budget reports
  • Dashboards and their use in performance management
  • Designing tactical dashboards for budget management
Day 5

Beyond Budgeting to Adaptive Management

This day explores modern adaptive approaches to budgeting and decentralised performance management. Participants examine the balance between traditional budgets and flexible forecasting tools. The topics covered will include:  

  • Shortcomings of traditional approaches to budgeting
  • Beyond Budgeting case study
  • Moving towards decentralised performance management
  • Replacing budgets with rolling forecasts
  • Using key driver forecasts for risk management
  • Using balanced scorecard to manage Key Performance Indicators
  • Why traditional budgeting still has a key role to play
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

This training course is also a part of the 10-Day Titles
Options & Brochure
Related Categories
Finance & Budgeting
Related Certificates
NASBA

Customisation & In-House Delivery

Delivering this training course in-house allows organisations to align budgeting and performance management principles with their specific strategic goals, resource priorities, and internal planning processes. Customisation supports teams in addressing real organisational challenges and improving the practical relevance and impact of budgeting practices.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Budgeting For Performance Management training course:

  • Stronger alignment between planning and organisational strategy
  • Enhanced ability to manage scarce resources effectively
  • Improved analytical and forecasting capability
  • Greater clarity in performance measurement outcomes
  • Stronger cost management and reporting confidence
  • Increased organisational financial agility
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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