8 Topics
5 Days
Programme Overview
Training Description
Who Should Attend
• Chief Financial Officers (CFOs)
• Agile coaches and scrum masters
• Financial planning and analysis (FP&A) professionals
• Product and portfolio managers
• Enterprise architects and solution managers
• Business owners and entrepreneurs
• Senior executives and business unit leaders
• Project and program managers
• Management accountants
• Individuals leading an agile transformation
Session Objectives
- Understand the core principles of lean budgeting and its agile connection.
- Differentiate lean from traditional and zero-based budgeting.
- Develop a dynamic forecasting and planning process.
- Establish a system of financial guardrails for decentralized decision-making.
- Define and track lean budgeting performance metrics.
About the Course
In today’s dynamic and unpredictable business environment, traditional, annual budgeting processes are often too rigid and slow for organizations that need to be agile. Lean Budgeting is a modern, strategic approach that replaces fixed, project-based funding with a flexible, value-driven system that empowers teams and accelerates decision-making. By aligning financial resources directly with value streams and strategic initiatives, this methodology enhances financial agility, reduces waste, and fosters a culture of continuous delivery and innovation.
This training course is designed to equip you with the knowledge and practical skills to implement a lean budgeting framework that supports and amplifies your agile transformation. We will explore how to transition from cumbersome, top-down budgets to a dynamic system of guardrails and continuous forecasting. By the end of this program, you will be able to lead the charge in creating a more responsive financial culture, enabling your organization to adapt quickly to market changes and accelerate the delivery of value to your customers
Curriculum & Topics
8 Topics | 5 Days
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Subtopic 1.1:
The principles of lean thinking and agile methodology.
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Subtopic 1.2:
The limitations of traditional budgeting in an agile environment.
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Subtopic 1.3:
Defining lean budgeting and its core benefits.
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Subtopic 1.4:
How to link budgets to value streams, not projects.
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Subtopic 1.5:
The role of finance in supporting an agile organization.
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Subtopic 2.1:
Identifying and defining your organization's value streams.
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Subtopic 2.2:
The process of mapping a value stream from end to end.
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Subtopic 2.3:
How to estimate and allocate budgets to value streams.
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Subtopic 2.4:
Shifting the focus from resource utilization to value delivery.
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Subtopic 2.5:
Creating a portfolio Kanban to visualize value flow.
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Subtopic 3.1:
Establishing a system of financial guardrails.
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Subtopic 3.2:
Empowering teams to make local, tactical decisions.
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Subtopic 3.3:
The role of portfolio leaders in strategic oversight.
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Subtopic 3.4:
Moving from command-and-control to trust and autonomy.
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Subtopic 3.5:
Best practices for governance in a lean budgeting model.
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Subtopic 4.1:
Implementing rolling forecasts for continuous planning.
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Subtopic 4.2:
The difference between a forecast and a budget.
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Subtopic 4.3:
Techniques for forecasting in an uncertain environment.
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Subtopic 4.4:
How to re-forecast based on continuous feedback.
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Subtopic 4.5:
Using dynamic budgeting to respond to market changes.
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Subtopic 5.1:
The importance of a strategic budget allocation process.
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Subtopic 5.2:
Making funding decisions based on data and value.
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Subtopic 5.3:
How to handle new initiatives and unforeseen opportunities.
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Subtopic 5.4:
Using a "lean portfolio" to manage investments.
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Subtopic 5.5:
The role of a lean budget in capital allocation decisions.
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Subtopic 6.1:
Defining key performance indicators for lean budgeting.
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Subtopic 6.2:
Moving beyond cost metrics to value-based metrics.
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Subtopic 6.3:
Tracking flow, quality, and time-to-market.
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Subtopic 6.4:
Analyzing the financial impact of agile practices.
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Subtopic 6.5:
Creating a lean performance dashboard.
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Subtopic 7.1:
Building a coalition for a lean budgeting transformation.
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Subtopic 7.2:
Training finance and business leaders on the new process.
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Subtopic 7.3:
Communicating the value and vision to the entire organization.
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Subtopic 7.4:
Overcoming common resistance and fear of change.
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Subtopic 7.5:
The role of a change champion in a lean transformation.
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Subtopic 8.1:
Integrating lean budgeting with your existing financial systems.
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Subtopic 8.2:
Case studies from various industries and companies.
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Subtopic 8.3:
Using technology and software to support lean budgeting.
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Subtopic 8.4:
A hands-on workshop on creating a lean budget for a sample company.
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Subtopic 8.5:
Final Q&A and peer review session.
