Performance management

The aim of this course is to develop knowledge and skills in the application of management techniques to quantitative and qualitative information for planning, decisionmaking, and performance evaluation. Students of this course will learn to work with information systems of companies and utilize them for management and performance measurement. They will be able to select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks. They will understand budgeting techniques, including quantitative techniques, and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action.
Exercises are focused on deepening the knowledge of lectures using illustrative examples and application of acquired knowledge, especially in the field of performace measurement, cost and management accounting techniques and budgeting techniques.