Excerpt from course description

Performance Management

Course content

Part 1: Performance management perspectives (30 %)

  • Different forms of performance management 
  • Characteristics of traditional management control
  • Schools of criticism
    • Relevance lost
    • Beyond budgeting 
  • Dynamic and holistic controls 
    • Levers of Control
    • Facilitating design og flexible use of performance management tools 
    • Sustainability considerations
  • Management by objectives and accountability 

Part 2: Management by objectives and cybernetic controls (30 %)

  • Main theories of value creation and competitive advantage
  • Value and cost drivers
  • The use of financial metrics
  • Central components in a performance management model
  • Forecasting key performance indicators
  • Case-based development of performance management models    

Part 3: Budgeting and operational reporting (40 %)

  • Revenue forecasting 
  • Case-based budgeting    
    • Enterprise budgeting for goods producers and service companies    
    • Budgeting for start ups    
    • Project budgeting    
    • Product and service group budgeting
  • Budget simulations
  • Budget analysis
  • Operational and sustainability reporting


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