Effective Budgeting and Operational Cost Control
Introduction
This Discovery Tools training course ” Effective Budgeting and Operational Cost Control ” is designed because 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.
Budgeting, as well as controlling & reducing cost represent essential activities to be performed and monitored as strategies get executed.
In addressing these issues, this Discovery Tools training 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 training course will feature:
- The management system in practice
- Budgeting practices
- Traditional and innovative tools for budgeting and cost control
- Multiple cost analysis for different purposes
- KPIs and the Balanced Scorecard
Course Objectives
By the end of this training course, participants will be able to:
- Master the budgeting process
- Understand costs behavior
- Explore traditional & innovative approaches to Budgeting & Cost Control
- Analyze process costing
- Manage balanced scorecard
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This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam )
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