A critical factor in managing successful programs is estimating, budgeting, and obtaining the resources sufficient to achieve strategic aims. As a program manager, one of your responsibilities is to estimate the resources required to achieve program outcomes and obtain them through the budgeting process. To estimate resources accurately, you will need a clear understanding of your program (e.g., outcomes, tasks, timing, resources, etc.), and you will need to justify the resulting budget request to stakeholders. What if you could link resource requirements directly to performance (i.e., a performance-based budget), demonstrating how specific outcomes can be achieved with a given set of resources?
Review the foundations of budgets and the budgeting process to see the opportunities for linking formulation with performance planning
Discover how a strategic plan can drive a program’s budget process and how a logic model can illuminate the connection between budget and performance
Identify common policy, process, and people issues that may impact introduction of performance-based budgeting and learn how to mitigate them
Programs may often fail where budgeted resources aren’t sufficient to achieve strategy aims. Learn to alleviate this problem by integrating the budget and performance planning processes