Driver-based Planning, Forecasting and Budgeting


Driver-based Planning, Forecasting and Budgeting

Do you want to champion balanced scorecards with KPIs, driver-based budgeting and rolling financial forecasts at your company? In this third course from Gary Cokins, learn how performance-based budgeting involves the shift from historical reporting to predictive costing with capacity-sensitive driver-based rolling financial forecasts.

In this course you will learn:

2  Reviews    4.0 of 5.0

Course Goal

  • Understand the Strategy Map concept for Strategy Execution
  • Recognize the Purpose of a Strategy Map with a Balanced Scorecard and KPIs
  • Review basic concepts of Managerial Accounting Needed for Predictive Costing
  • Calculate Costs from Expenses Based on the Causality Principle
  • Recognize Problems with the Traditional Annual Budget
  • Link Strategy/Risk Management to the Budget and Rolling Financial Forecasts


  • Consultants
  • Executives and Managers

Lesson Plan

Lesson Description
1 Instructor and Course Agenda
Understanding EPM
2 What is Enterprise Performance Management?
Strategy Maps and the Balanced Scorecard
3 Understanding the Strategy Map Architecture
4 Cascading KPIs and Dynamic Strategies
Review of Managerial Accounting
5 The Taxonomy of Accounting
6 Activity-based Costing & Cost Assignment Network
Why is the Annual Budgeting Process Broken?
7 Looking at Spreadsheet Budgeting
Rolling Financial Forecasts
8 Looking at Performance Based Budgeting
Resource Capacity Planning
9 Resource Capacity Planning and Costing
The ROI of Information
10 The ROI of Information / Course Summary
PDF of Course Content
11 Handout


Gary Cokins

4.7 Average Rating

7 Reviews

67 Students

3 Courses

Cary, NC, USA

Analytics-Based Performance Management LLC provides advisory services to organizations, consulting firms,software vendors with their challenges to get started, implement,get leverage from enterprisecorporate performance management EPM / CPM methods such as activity-based costing ABC, customer profitabilityvalue analysis, analytics, rolling financial forecasts, strategy maps, balanced scorecards KPIs, dashboards PIs,risk management.

More Courses by Gary Cokins:
Measuring and Managing Customer Profitability


Analytics-Based Enterprise Performance Management


Student Feedback


Average Rating







Priyanka Patel
Priyanka Patel
1/25/2018 3:37:16 PM

Level: Intermediate
Duration: 1.50 hours
Type:  Instructor-led
Delivery: Online, instructor-led
Category: SAP Financials

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SAP Student testimonial
I have used SAP for 6 years and this training still gave me some new tools to use on my job. This training is not only for beginners but users who just need a refresher in SAP.
-Tim  D.
Whirlpool Corporation

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