Pioneers in Global Leadership and Quality Management
Out of Safety for all our Clients, All our Courses are available for Live Online Training
also available for 10 day training courses and 2 to 3 days In-House
email us, Chat with us, on WhatsApp or Chat system below or Simply leave us a Message on the Chat system and we'll get back to you.
Also available for 2 to 3 day durations as well as 10 to 30-day training durations In-House and Live online
Reach us today via email, WhatsApp, our website Chat system below or Simply leave us a Message on the Chat system and we'll get back to you.
DATES AND VENUES
Strategic Planning, Effective Budgeting & Cost Control
Get ahead in the planning, control, and budgeting cycle
Today, the human mind is often absorbed in so much data, that it has difficulty processing the multitude of facts and relationships simultaneously and sometimes forgets important elements. Thus, as plans become more and more intricate, they should be documented in writing and include qualitative narratives of goals, objectives, and means of accomplishing the objectives.
This budgeting and cost control course will allow the participant to explore and share with other participants new thoughts in the planning, control, and budgeting cycle, resulting in a renewed energy in returning to the workplace and implementing a more focused budgeting process, which communicates useful and timely information to management.
The course will provide a framework for each topic covered, and then will make extensive use of exercises and case studies.
By the end of the course, participants will be able to:
Who Should Attend
This training course is suitable to a wide range of professionals but will greatly benefit
Compressed Program Outline ( Please Contact us for a Detailed Program Outline)
Introduction to planning and control
Behavioural aspects of budgeting
Understanding cost behaviour
Flexible budgets and standard cost systems
Developing an annual/master budget
Conceptual aspects of budgeting
Activity-based management and activity-based costing
Controlling Costs: Economy, Efficiency & Effectiveness
Delivering operational excellence
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