BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1620@x8ti.com DTSTART;TZID=Asia/Bahrain:20261221T090000 DTEND;TZID=Asia/Bahrain:20261225T130000 DTSTAMP:20260209T152201Z URL:https://x8ti.com/event/performance-based-budgeting-for-state-and-local -government-training-course-3/ SUMMARY:Performance Based Budgeting for State and Local Government Training Course DESCRIPTION:Introduction \nPerformance-based budgeting (PBB) is an approac h where the government\, acting as the steward of public funds\, aims to u tilize these resources judiciously and transparently. By linking the funds received from taxpayers (input) with the services provided by federal\, s tate\, or local governments (output)\, PBB ensures accountability and effi ciency. This method involves setting targets\, developing performance budg ets to achieve those targets\, and evaluating outcomes. PBB quantifies qua litative factors to measure and account for them accurately.\nLearning Obj ectives\nThe primary goals of this course are to help participants:\n\n A ppreciate the significance of effective financial planning and public sect or fund management.\n Gain a new perspective on performance management an d efficiency improvement.\n Understand the concept and principles of perf ormance-based budgets.\n Comprehend the principles of PBB implementation. \n Set targets and Key Performance Indicators (KPIs).\n Recognize differ ent types of budgets.\n Understand budget components.\n Align planning p rocesses with overall strategic plans and fiscal policies.\n Learn to ana lyze financial results.\n\nTraining Methodology\nXcelerate’s collaborati ve “Performance-based Budgeting for State and Local Government Course” includes:\n\n Lectures\n Seminars &\; Presentations\n Group Discuss ions\n Assignments\n Case Studies &\; Functional Exercises The course follows the ‘Do-Review-Learn-Apply’ model\, ensuring an interactive a nd practical learning experience.\n\nBenefits for Your Organization\nOrgan izations will benefit from:\n\n A thorough understanding of the budgeting process.\n Setting realistic and measurable goals and objectives.\n Sma rt budget allocation based on departmental needs.\n Planning development and capital expenditures with sound assumptions.\n Monitoring actual resu lts against budgeted numbers.\n Performing investment appraisals to optim ize returns.\n Evaluating financial statements and measuring performance against goals.\n Adopting best practices of PBB.\n\nBenefits for You\nPar ticipants will gain:\n\n The ability to contribute positively to budget p reparation.\n Knowledge of international accounting and reporting standar ds.\n Skills to analyze financial reports and link them with quantitative data.\n An upgraded skill set\, creating opportunities for personal deve lopment.\n\nTarget Audience\nThis course is ideal for:\n\n Members of Bud get Committees\n City Council Members\n Financial Controllers\n Plannin g Managers\n Members of the Revenue Board\n Internal Auditors\n Senior Executives of Finance Departments\n\nCourse Outline\nIntroduction to Publi c Sector Finance\n\n Principles of Public Sector Financial Management\n Budget Cycle\n Fiscal Policy\n Revenue Management\n\nTypes of Budgets\n\ n Line-Item Budget\n Programme Budget\n Performance-based Budget\n Zer o-based Budget\n\nDefinitions of PBB Terms\n\n Input\n Output\n Effecti veness\n Efficiency\n Workload\n Advantages &\; Disadvantages of PBB \n\nPrinciples for Implementation of PBB\n\n Ensure Accountability\n Foc us on City Priorities\n Increased Transparency\n Increased Community Inv olvement\n\nSetting Key Performance Indicators\n\n Setting Key Objectives \n Alignment with Current Budgeting Cycle\n Developing Guidelines for Ag encies\n Budget Monitoring using a Defined Matrix\n\nFinancial and Non-fi nancial Reporting\n\n Public Sector Financial Accounts\n Components of F inancial Statements\n IPSAS Reporting Requirements\n Reports on Key Perf ormance Indicators\n\nDevelopment / Capital Expenditure Decisions\n\n Inv estment Appraisal Techniques\n Principles of Discounted Cash Flow Analysi s\n Outsourcing Services: Objectives and Decision Criteria\n Public-Priv ate Partnership\n\nBest Practices of PBB – OECD\n\n Reflects Interests of Key Stakeholders\n Aligns Expenditure with Strategic Goals\n Incorpor ates Flexibility\n Investment in Human Resources\n Facilitates Systemati c Oversight\n Complements Spending Reviews\n Encourages Performance-orie nted Behavior\n\nCase Studies\n\n \nImplementing PBB in a State Governmen t\n\n\nBackground: Transition from traditional budgeting to PBB.\nChalleng es: Resistance\, lack of data\, alignment with strategic plans.\nSolutions : Training\, performance indicators\, strategic integration.\nOutcomes: Im proved allocation\, transparency\, resource alignment.\n\n \nPBB in a Loc al Government Health Department\n\n\nBackground: Using PBB to enhance heal th outcomes.\nChallenges: Defining indicators\, data collection\, stakehol der engagement.\nSolutions: Collaboration\, clear health metrics\, monitor ing.\nOutcomes: Efficient service delivery\, health improvements\, resourc e optimization.\n\n \nPBB in the Education Sector\n\n\nBackground: PBB to improve education quality.\nChallenges: Setting goals\, measuring outcome s\, staff engagement.\nSolutions: Educator involvement\, assessment tools\ , feedback.\nOutcomes: Better student performance\, optimized spending\, s atisfaction.\n\n \nPBB in Public Safety\n\n\nBackground: Implementing PBB for public safety services.\nChallenges: Performance metrics\, aligning g oals\, budget constraints.\nSolutions: Specific indicators\, officer train ing\, resource allocation.\nOutcomes: Reduced crime\, efficient fund use\, community trust.\n\n \nPBB in Transportation Infrastructure\n\n\nBackgro und: Managing infrastructure projects with PBB.\nChallenges: Project prior itization\, timely completion\, cost management.\nSolutions: Project metri cs\, reviews\, collaboration.\nOutcomes: On-time projects\, cost savings\, improved services.\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/bbf1 86cc-a846-4ef2-b490-5d46324605a7.jpg CATEGORIES:Accounting & Finance LOCATION:Manama Training Courses\, Wyndham Grand Manama Hotel\, Manama\, Ba hrain\, Bahrain X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Wyndham Grand Manama Hotel\ , Manama\, Bahrain\, Bahrain;X-APPLE-RADIUS=100;X-TITLE=Manama Training Co urses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Bahrain X-LIC-LOCATION:Asia/Bahrain BEGIN:STANDARD DTSTART:20251221T090000 TZOFFSETFROM:+0300 TZOFFSETTO:+0300 TZNAME:+03 END:STANDARD END:VTIMEZONE END:VCALENDAR