Performance-Based Financial Management Training Course: Driving Efficiency and Accountability in Public Sector Finance

Introduction

Performance-Based Financial Management (PBFM) links financial resources to measurable results, enhancing accountability, transparency, and efficiency in public sector operations. Governments and public institutions face increasing pressure to demonstrate the impact of public spending, optimize resource allocation, and achieve tangible outcomes. This training course provides participants with the skills and knowledge to implement performance-based financial systems that strengthen fiscal discipline and improve service delivery.

Through interactive workshops, case studies, and hands-on exercises, participants will learn how to integrate performance metrics into budgeting, monitoring, and evaluation processes. The course emphasizes results-oriented planning, evidence-based decision-making, and international best practices, enabling public sector professionals to align financial management with organizational objectives and achieve measurable improvements in performance.

Duration: 10 Days

Target Audience:

  • Public sector finance officers and budget planners
  • Policy makers and program managers
  • Auditors and internal control professionals
  • Performance monitoring and evaluation officers
  • Development agency and donor staff
  • Legal and compliance advisors in public finance
  • Local government financial administrators
  • Academics and researchers in public financial management

Course Objectives:

  • Understand the principles and benefits of performance-based financial management
  • Align budgeting with measurable organizational outcomes
  • Develop and apply performance indicators and targets
  • Strengthen monitoring and evaluation of financial performance
  • Integrate results-based management into policy and planning
  • Enhance accountability and transparency in public spending
  • Identify challenges and solutions in implementing PBFM
  • Apply international best practices in performance-based budgeting
  • Promote stakeholder engagement and participatory financial management
  • Build actionable strategies for sustainable performance-oriented financial systems

Course Modules

Module 1: Introduction to Performance-Based Financial Management

  • Definition and key concepts
  • Benefits for public sector efficiency
  • Differences from traditional budgeting
  • Challenges in adoption
  • International perspectives and trends

Module 2: Strategic Planning and Financial Alignment

  • Linking budgets to strategic objectives
  • Policy and program alignment
  • Prioritizing resources for maximum impact
  • Medium-term expenditure frameworks
  • Case studies in strategic alignment

Module 3: Developing Performance Indicators

  • Quantitative and qualitative metrics
  • Key performance indicators (KPIs)
  • Benchmarks and targets
  • Data collection and analysis
  • Reporting and evaluation frameworks

Module 4: Budget Formulation and Resource Allocation

  • Program-based budgeting principles
  • Linking outputs to budget allocations
  • Costing programs and activities
  • Participatory budgeting approaches
  • Ensuring value for money

Module 5: Monitoring and Evaluation in PBFM

  • Role of M&E in performance-based financial management
  • Tools and techniques for monitoring
  • Evaluating program and project performance
  • Reporting outcomes and impacts
  • Continuous improvement strategies

Module 6: Financial Management Controls and Oversight

  • Internal controls in performance-based systems
  • Audit and compliance mechanisms
  • Risk management in financial operations
  • Strengthening accountability frameworks
  • Corrective action procedures

Module 7: Data-Driven Decision Making

  • Role of data analytics in financial management
  • Dashboard and reporting systems
  • Tracking expenditure and performance
  • Predictive and scenario analysis
  • Integrating technology in PBFM

Module 8: Stakeholder Engagement and Transparency

  • Engaging policymakers, managers, and citizens
  • Communicating performance results
  • Building trust and accountability
  • Participatory mechanisms for budget oversight
  • Feedback and corrective actions

Module 9: Performance-Based Budgeting Tools and Techniques

  • Software applications for PBFM
  • Linking budgets to measurable outcomes
  • Cost-benefit analysis of programs
  • Efficiency and effectiveness measurement
  • Tools for continuous performance monitoring

Module 10: Linking Expenditures to Outcomes

  • Establishing clear output and outcome relationships
  • Measuring cost-effectiveness
  • Evaluating program impact
  • Prioritizing resource allocation for results
  • Case examples from global practices

Module 11: Risk Management in Performance-Based Systems

  • Identifying financial and operational risks
  • Risk assessment frameworks
  • Mitigation strategies
  • Contingency planning in financial management
  • Lessons from successful risk management

Module 12: Accountability and Ethical Financial Practices

  • Promoting ethical decision-making
  • Transparency and reporting obligations
  • Public disclosure of results
  • Enhancing credibility and trust
  • Global standards and benchmarks

Module 13: International Best Practices in PBFM

  • Lessons from developed and emerging economies
  • Benchmarking frameworks
  • Innovations in performance-based management
  • Multi-stakeholder approaches
  • Adapting best practices locally

Module 14: Evaluation and Feedback Loops

  • Techniques for assessing program effectiveness
  • Using evaluation results to improve decision-making
  • Feedback mechanisms for continuous improvement
  • Aligning evaluation with policy objectives
  • Learning from successful interventions

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport Pick Up is provided by the institute. Accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

For More Details call: +254-114-087-180

 

 

Performance-based Financial Management Training Course: Driving Efficiency And Accountability In Public Sector Finance in Papua New Guinea
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