EXC 3561 Performance Management

EXC 3561 Performance Management

Kurskode: 
EXC 3561
Institutt: 
Regnskap, revisjon og foretaksøkonomi
Studiepoeng: 
7.5
Kursansvarlig: 
Tor Olav Nordtømme
Kursnavn på engelsk: 
Performance Management
Produktkategori: 
Bachelor
Portefølje: 
Bachelor - Felleskurs
Semester: 
2025 Vår
Aktiv status: 
Aktivt
Studienivå: 
Bachelor
Undervisningsspråk: 
Engelsk
Kurstype: 
Ett semester
Introduksjon

Performance management involves the development, facilitation, and use of control mechanisms to support the value creation process. In business operations, goal and indicator management is the prevailing form of control. This form of control fundamentally revolves around three things:

  1. identifying factors that positively and negatively impact value creation,
  2.  making resources available and coordinating them to move in the same direction towards a designated course
  3. and signaling deviations from a designated course, correcting the course, and learning from experiences.

In performance management, control tools are used to close negative gaps on a designated course or to stimulate debate and strategic renewal.

    Kunnskapsmål

    Students are expected to acquire knowledge about:

    • The relationship between performance management and strategy content and strategy process
    • Perspectives on value creation, including various business models
    • Stakeholder-oriented management
    • Various forms of performance management
    • Frameworks for performance management in business operations
    • Levers of Control, The Balanced Scorecard, and Management by Objectives
    • Dynamic management of business resources
    • Management-relevant costs and revenues
    • Concepts for operational efficiency
    • Models and tools for goal and indicator management, including strategy maps, KPls, and forecasts
    • The budget as an integrated set of financial forecasts
    • Profit and loss, balance sheet, and cash flow budgeting
    • Internal performance reports
    Ferdighetsmål

    Students are expected to acquire skills in:

    • Developing and using management packages, where tools are tailored to specific management situations
    • Developing goal management models and being able to assess the strengths and weaknesses of the models
    • Developing and using Excel-based budget models and conducting budget analyses to uncover discrepancies between plans and forecasts
    • Conducting process analyses to streamline resource usage.
    Generell kompetanse

    Students are expected to develop an awareness of business management as a contextual discipline, where business-specific and external factors influence management. They should be able to develop business-specific management models and critically engage with them.

    Kursets innhold

    Part 1 - Perspectives on Performance Management

    • Value creation: what, why, how, and for whom
    • Various forms of performance management
    • Performance management in business operations
    • Key management concepts
    • Dynamic management

    Part 2 - Costs and Operational Efficiency

    • Cost concepts
    • Relevance of costs and revenues
    • Operational efficiency

    Part 3 - Goal and Indicator Management

    • The balanced scorecard
    • Sustainability reporting
    • Case-based development of goal management models
    • Forecast-based management

    Part 4 - Budgeting

    • Budget's relationship with financial accounting
    • Budget's place in goal management
    • Profit budgeting
    • Cash flow budgeting
    • Balance sheet budgeting
    • Budget simulation
    • Internal reporting
    Undervisnings- og læringsaktiviteter

    The course is taught/guided over 14 weeks. Lectures are used to provide structure and framing for the academic content in line with the course's learning outcomes. These sessions are supported by videos that address selected issues. In addition to lectures, tutorial seminars are conducted related to parts 3 (goal and indicator management) and 4 (budgeting) of the course.
    Students are responsible for participating in the teaching and tutorial seminars with questions, comments, and discussions. Solving tasks in the course's case and exercise program is crucial for understanding the subject. Exercise solving takes place in lectures, seminars, and through independent work.

    Parts of the task solving require students to use Excel.

    Dataverktøy
    Dataverktøy definert under punktet "Undervisnings- og læringsaktiviteter".
    Kvalifikasjoner

    Generell studiekompetanse

    Forbehold

    Avvik i undervisnings- og eksamensformer kan forekomme dersom eksterne rammebetingelser eller uforutsette hendelser tilsier dette.

    Forkunnskapskrav

    EXC 3430 Fundamentals in Accounting and Finance, or similar.

    Eksamen
    Vurderinger
    Eksamenskategori: 
    Skoleeksamen
    Vurderingsform: 
    Strukturert test
    Eksamen/innleveringssemester: 
    Første semester
    Vekting: 
    40
    Gruppering: 
    Individuell
    Hjelpemidler: 
    • Alle trykte og håndskrevne hjelpemidler
    • BI-definert eksamenskalkulator
    • Enkel kalkulator
    • Tospråklig ordbok
    Varighet: 
    3 Time(r)
    Eksamenskode: 
    EXC 35611
    Karakterskala: 
    ECTS
    Kontinuasjon: 
    Eksamen hvert semester
    Eksamenskategori: 
    Innlevering
    Vurderingsform: 
    Fil-innlevering PDF
    Eksamen/innleveringssemester: 
    Første semester
    Vekting: 
    60
    Gruppering: 
    Gruppe (1 - 3)
    Varighet: 
    2 Uke(r)
    Eksamenskode: 
    EXC 35612
    Karakterskala: 
    ECTS
    Kontinuasjon: 
    Eksamen hvert semester
    Eksamenstype: 
    Ordinær eksamen
    Alle eksamener må bestås for å oppnå karakter i kurset.
    Total vekting: 
    100
    Forventet arbeidsinnsats
    AktivitetVarighetKommentar
    Undervisning
    26 Time(r)
    Teaching and review of assignments in the classroom
    Seminargrupper
    24 Time(r)
    Assignment seminar in smaller classes - max. 150 students. The students will work with case-based problems and use Excel to develop models for solving budget and calculation tasks. In the task seminars, skills related to the development and use of central management tools are also practiced.
    Forberedelse til undervisning
    14 Time(r)
    Studentenes eget arbeid med læringsressurser
    38 Time(r)
    Digitale læringsressurser
    10 Time(r)
    Videos that summarize topics and introduce skills
    Individuell oppgaveløsning
    88 Time(r)
    Individual work / group work with tasks and cases from the task programme
    Sum arbeidsinnsats: 
    200

    Et kurs med 1 studiepoeng tilsvarer en arbeidsmengde på 26-30 timer. Et kurs på 7,5 studiepoeng tilsvarer derfor en arbeidsmengde på minimum 200 timer.