Faculty of Business, Communication and Finance
Strategic Cost Control
18th – 23rd November 2024 – Rotterdam
In order to achieve an effective budget management; strategically control cost and minimize impact on an organization’s performance; managers need to plan for complex set of factors; consider contingencies and evaluate resource level.
This course focuses on identifying these factors and provides participants with the right skills.
Course Objectives
At the end of the course, participants should be able to:
- Develop sound financial management and control
- Apply essential concept of accounting, budgeting and finance.
- Reduce unnecessary costs and budgeted expenditure and look towards better value for money
- Create savings for flexible budgeting.
- Establish key performance indicators
- Produce timely and adequate information for management of decisions
Target Participants
The course is ideal for officers of all grades who assemble budgets or manage expenditure budgets associated with projects, especially finance managers
Outline
- Planning and Contingency Expenditure
- Resource Allocation and Budget Management
- Budget Justification
- Integral Performance Budgeting to Control Cost
- Accrual-Base Accounting and Cash Accounting
- Public Private Partnership Exposure
- Practice and Processes of Audit and Accounting
- Procurement Arrangement and Cost Control
- Financial Aspect of Project Management
Nothing Beats the right skills for personal and organisational growth
No matter the expertise level you intend to pursue, we always have the right programme for you
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