Performance Management

Summary

The objective of the course is to provide participants with the main processes and tools a company applies to evaluate the financial and non financial performance.

Content

Keywords

Management Control Systems, Performance Measurement Systems, Management control, Cost accounting, Budgeting process, Budgeting Control, Dashboard, Balanced scorecard

Learning Prerequisites

Required courses

Financial Accounting

Recommended courses

Corporate finance, finance

Important concepts to start the course

Financial statements

Profit/Cash

Learning Outcomes

By the end of the course, the student must be able to:

• Assess / Evaluate costs in a company
• Analyze costs in a company
• Develop a budgeting control
• Assess / Evaluate Financial performance of a company
• Develop a non Financial PMS
• Manage a Dashboard

Transversal skills

• Assess progress against the plan, and adapt the plan as appropriate.
• Plan and carry out activities in a way which makes optimal use of available time and other resources.
• Set objectives and design an action plan to reach those objectives.
• Demonstrate the capacity for critical thinking

Teaching methods

Lectures, discussions, brief exercises, exercises and cases.

Expected student activities

Class attendance and get involved in the exercises and cases.

Assessment methods

Mid-Term                                        40%

Homework                                      10%

Final written exam (closed-book)      50%

Resources

Moodle Link

• https://go.epfl.ch/MGT-510