Essay Galaxy - Performance Management
A local council has just received approval for £15 million from the National Lottery to build a new Arts, Media and Cultural Centre but it needs to find the matching capital Money for the project. It has also to find the annual running costs of £1 million for the new facility at the same sound as it needs to reduce its total Leisure and Arts budget by £5 million.
How can performance management and review processes assist with this complex decision and ensure that effective delivery of the project if agreed?
The local council has three main problems to resolve from this scenario. These are:
1. Matching the capital money and running costs
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