Course Name | Strategic Planning, Effective Budgeting and Cost Control |
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Department | Department of National Productivity and Industry Innovation |
Programme Description | In today\'s fast paced and competitive business environments, developing strategies, carrying out risk assessments, budgeting and cost control are essential skills for those who are dedicated to maximizing the organisational performance and delivering operational excellence. Nowadays, if existing organisations want to stay competitive, they are urged to think, plan and act in terms of value added to customers and shareholders. Hence, budgeting, as well as tracking, controlling & reducing cost represent essential activities to be performed and monitored as strategies get executed. This course will allow the participant to understand the main concepts and methodologies around strategic planning, cost management and budgeting whereby implementing a more focused budgeting process at work which communicates useful and timely information to management. |
Course Learnings | Explain the strategic planning process and how it translates into annual budgets , Describe the role of budgets in the management process , Determine the key elements of an operational and capital budget and evaluate the different approaches used , Apply techniques for identifying, understanding, controlling and managing costs to improve efficiency and effectiveness of organisations Generate flexible budgets for evaluating short-term financial performance Measure, evaluate and improve business performance |
Level | Certificate |
Highest Attainment | |
Notes | |
Fees |
Department:
Department of National Productivity and Industry Innovation
Programme Name:
Accounting and Financial Management
Programme Description
In today\'s fast paced and competitive business environments, developing strategies, carrying out risk assessments, budgeting and cost control are essential skills for those who are dedicated to maximizing the organisational performance and delivering operational excellence. Nowadays, if existing organisations want to stay competitive, they are urged to think, plan and act in terms of value added to customers and shareholders. Hence, budgeting, as well as tracking, controlling & reducing cost represent essential activities to be performed and monitored as strategies get executed. This course will allow the participant to understand the main concepts and methodologies around strategic planning, cost management and budgeting whereby implementing a more focused budgeting process at work which communicates useful and timely information to management.
Course Learnings
Explain the strategic planning process and how it translates into annual budgets , Describe the role of budgets in the management process , Determine the key elements of an operational and capital budget and evaluate the different approaches used , Apply techniques for identifying, understanding, controlling and managing costs to improve efficiency and effectiveness of organisations Generate flexible budgets for evaluating short-term financial performance Measure, evaluate and improve business performance
Level
Certificate
Notes
Fees
Date | Session | Mode |
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Jan 20 - 22 | Day | Face to Face |
Jan 20 - 22 | Day | Face to Face |
Date | Session | Mode |
---|---|---|
Jan 20 - 21 | Day | Face to Face |
Jan 20 - 21 | Day | Face to Face |
Date | Session | Mode |
---|---|---|
Jan 20 - 22 | Day | Face to Face |
Jan 20 - 22 | Day | Face to Face |