10 November 2024

Peter Tomkins
Is Integrated Curriculum and Financial Planning better than Curriculum Led Financial Planning

The short answer is no. The longer answer is that they are basically the same process, just with slightly different titles.
Integrated Curriculum and Financial Planning (ICFP) is the name that seems to be favoured by the Department for Education and previously by the Education and Skills Funding Agency (ESFA). Curriculum Led Financial Planning (CLFP) is the name used by one of the sector leaders in the process, the Outwood Grange Academy Trust.
The purpose of both systems is to ensure that schools are efficient and that spending is driven by informed decision making around the structure of the curriculum and the deployment of staff. This is based around the calculation of a number of metrics. The metrics inform the strategic decision-making process, both ICFP and CLFP raise questions for schools to consider rather than providing answers to those questions. The answers come from the priorities and approach that the school favours.
The ICFP.school tool is in a constant agile development cycle and if those who are used to some of the metrics favoured by one approach and not the other, the Curriculum Bonus metric for instance, do please get in touch and we can incorporate those metrics in our calculations.