CATEGORY: Finance Courses

Equitable Revenue Allocation Program: Processes, Technology and People Phase 1

Course Access: Lifetime
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Course Overview

Course Length: 5 Days 

Course Dates:

Course Description:

Governmental revenue and resources allocation is, by
nature, generally tricky, even when zero politicking is assumed. Realistically,
except there are well thought-out processes, robust tool and knowledgeable people
in place, it can be a messy and frustrating exercise to allocate
governmental revenues and resources to counties within its purview.
Revenue allocation strategy is a plan of action
designed to consistently achieve an equitable revenue sharing formula.
Consequently, it requires relentless
planning, organizing, monitoring, analysis and appraisal of what the government
requires to allocate its revenues without any form of favoritism.

·        
This course analyzes revenue allocation programs in
general, assesses existing processes, zeroes in on capability as potential
users of a given allocation tool are trained in the effective and efficient use
of the tool.

·        
It
combines theories and relevant industry
experience to inform
the participants of the best practices on how effective processes
and a well-trained workforce support successful implementation of a given
revenue allocation tool, in a sustained manner.

 By the end of this program,
participants will be able to:

·        
Comprehend revenue allocation strategy and
management fundamentals

·        
Understand framework for effective revenue and
resources allocation

·        
Distinguish between business systems and the revenue
allocation models

·        
Establish practical steps and processes for revenue
allocation programs

·        
Identify risks and opportunities, and their impacts
on revenue allocation program outcomes

·        
Understand the relevance of governance in revenue
allocation program outcomes

·        
Learn how to engage stakeholders in a manner that
ensures program success

·        
Identify, document and
communicate revenue allocation program learnings to stakeholders

·        
Use a Revenue and Resources Allocation tool

·        
Contribute
to revenue allocation program success in the
workplace

 Who Should Attend?

·        
This course is suitable to a wide range of professionals, including:

·        
Leaders of Government Ministries/Departments

·        
Ministry
Officials & Policy Initiators

·        
Advisors

·        
Government Agency Officers

·        
Analysts

·        
Aid Agency Leaders

·        
County
Officials

 What You will Learn:

·        
Comprehend revenue allocation strategy and
management fundamentals

·        
Understand framework for effective revenue and resources allocation

·        
Distinguish between business systems and the revenue
allocation models

·        
Establish
practical steps and processes for revenue allocation programs

 How will this Training Course
be Presented?

·        
This course will be highly interactive and very practical
presented in 3 phases / Modules. Following
an intensive one-and-a-half weeks of
classroom learning, instructors and the attendees will zero in on the use of a
given Revenue and Resources modeling and allocation tool for one-and-a-half
weeks, thus exposing participants to hands-on, real life workplace scenarios
with the immediate opportunities to practice what was learned in the classroom.
The course will be

·        
Illustrations of Revenue Allocation from the real world
will be provided and participants will be encouraged to contribute examples and
illustrations from their own experiences.

 The Course
Content Phase 1

Week One: Conceptual
Framework

·        
Revenue allocation strategy and management
fundamentals

·        
Framework for effective revenue and resources allocation

·        
Business systems and the revenue allocation models

·        
Practical steps and processes for revenue allocation programs

·        
Governance
and the revenue allocation program