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Reforming Budgeting in the Public Sector Using Zero-Based Budgeting

By: ReCh Management Centre

Lagos State, Nigeria

23 - 27 May, 2016  5 days

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NGN 100,000

Zero based budgeting is increasingly being favoured in the public sector in order to reduce slacks in the budget and deliver better budget choices for the public.   The benefits of this budgeting methodology is realised fully when combined with some form of performance based budgeting.

Programme Outline

  • Zero based budgeting
  • Zero based budgeting methodology – an overview
  • Implementing zero-based budgeting in the public sector
  • Pros and cons of zero based budgeting
  • Constraints and challenges of implementing a zero based budget
  • Managing the change process

Examining other budgeting methodologies

  • Incremental budgeting
  • Performance-based budgeting
  • Activity-based budgeting

Building a robust budget

  • Planning the budget process
  • Forecasting income and expenditure projections
  • Making budgets more resilient to external shocks
  • Making the right choices - developing and using business cases as decision tools
  • Developing KPIs and setting milestones
  • Addressing systemic corruption in the budget process.
  • Linking budgets with business plans

Implementing the budget

  • Implementing re-current and capital programme
  • Managing and monitoring budget performance
  • Dealing with budget variances
  • Reporting budget performance:  re-current and capital programme
  • Using information technology to report and enhance budget performance

Best practice in budget reporting

  • Communication and stakeholder management
  • Best practice in writing budget reports
NLP House, Ikeja May 23 - 27 May, 2016
NGN 100,000.00
(Convert Currency)