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Effective Budgeting & Operational Cost Control

Course Description

 

  (Objectives)            

  • Integrate the organization's strategic planning with budgets and processes of cost control
  • Understand the importance of project management, appraisal, planning
  • Explore traditional versus innovative budgetary techniques
  • Get to know activity-based budgeting (and costing)
  • Explore capital budgeting techniques & cash flows
  • Identify key financial indicators for the business, and how and when to monitor them
  • Discuss the problems and limitations of budgetary control and look for alternative tools
  • Understand the importance of balancing financial and non-financial measure in managing projects
  • Interpret budgets and performance measurement as communication tools
  • Link budgetary processes with quality issues and business process improvement

(Participants)            

This interactive seminar is designed for professionals with direct or indirect financial responsibilities from every business discipline who are responsible for budgeting and costing. Those involved in manufacturing, production, engineering or sales; for professionals working in a project management environment and for quality specialists will also find this programme invaluable

Course Curriculum

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Khalid Mohamad

Field Manager

Khalid has over 14 years of robust experience in market research, working with full-service custom research firms. He brings extensive supplier-side expertise in primary and secondary data collection and analysis.

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This Course Fee:

$1,000.00

Course includes:
  • img Level
      Intermediate
  • img Duration 1h
  • img Lessons 0
  • img Quizzes 0
  • img Certifications Yes
  • img Language
      English
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