European Quality training provides a training course in Course: Effective Budgeting & Operational Cost Control |
Why Choose this Course?The effective management of budgets and operational cost is a key aspect in leading and managing organizations. Nowadays, if contemporary organizations want to stay competitive, they are urged to think, plan and act in terms of value added to customers and shareholders. Along this line, budgeting, as well as tracking, controlling & reducing cost represent essential activities to be performed and monitored as strategies get executed. In addressing these issues, this course is relevant for those professionals and analysts facing the difficult challenge of improving performance while reducing costs of those processes for which there are accountable.
This course will feature:
What are the Goals?
Who is this Course for?This course is suitable to a wide range of professionals but will greatly benefit those with direct or indirect budget responsibilities within a Team, Department or Division. Moreover, the course is suitable to first appointment professionals on fast-track development programs, and to professionals from every business discipline and department who have to run budgetary plans, and who are responsible for cost and strategic analysis, including:
How will this be Presented?The course combines theory and practice. Therefore, besides in-class lectures, discussions and exercises, we use company examples to illustrate how the techniques presented have been applied in real case studies. The purpose is to use a mix of proven learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
The Course ContentDay OneIntroduction: Building a Common Financial Language
Day TwoThe Budgeting Process
Day ThreeCost Analysis
Day FourTraditional vs. Advanced Techniques in Cost-Control
Day FiveBeyond the Budgets: Balanced scorecards and Six-sigma
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Training ، development and management consulting