Cost management course outline

What does a cost management plan outline?
A cost management plan is an outline of a project's estimated costs and required resources and how to use and control them.
This document is an important part of the project planning process and helps keep project costs within budget..
What does cost management include?
Cost management is the process of planning and controlling the costs associated with running a business.
It includes collecting, analyzing and reporting cost information to more effectively budget, forecast and monitor costs..
What is included in cost management?
A cost management plan is a document that helps you map and control a budget.
It enables project managers to estimate their costs, allocate resources to the right areas, and control overall spending.
Cost management plans keep all project costs in one place, including direct and indirect costs..

Course OutlineModule 1 – Introduction to Cost ManagementModule 2 – Traditional Cost ManagementModule 3 – Modern Business EnvironmentModule 4 – Modern

Course Objectives

The objective of this training is to help you in developing your knowledge and understanding of Cost Management Principles.
By the end of this training you will learn to:.
1) Differentiate the traditional and modern cost management techniques.
2) Understand various product pricing strategies.
3) Apply the cost management techniques for strategic decis.

Course Overview

What is Cost Management?

Organisational Benefits

Organisations who register their professionals to attend this course will get the following benefits:.
1) Increase Profitability through cost reduction for competitive advantage and strategic positioning.
2) Get control on the overall business cost 3.
Create Cost Management System to predict future expenses, costs, risk of going over the budget and w.

Personal Benefits

Participants who register in this Cost Management Certification Course will have the following benefits:.
1) Achieve Leadership in Cost Management 2.
Gain deeper insights into reducing cost and establishing cost controls.
3) Increase your performance in Estimate, Budget and Cost Control.
4) Act as a catalyst in taking important measures to manage cost.

Training Methodology

Zoe Talent Solutions assesses the needs of the training audience and their professional backgrounds, experience and thereafter customises the training course accordingly.
The classroom sessions are facilitated with presentations by a highly experienced subject matter expert.
Participation is encouraged through group discussions, problem-solvingexer.

What is a cost management course?

The course further aims at developing a sound base for higher study in accounting besides in practical knowledge required by the middle level managers to handle cost information independently.

What topics are covered in cost and management accounting courses?

Cost control, budgeting approaches, activity-based costing, performance assessment, and cost analysis are some of the subjects covered in these courses.
Cost and management accounting courses are available through a variety of online learning venues.

Who Should Attend?

Financial controllers, finance managers, financial systems analysts, senior accountants, financial accountants, management accountants, general ledger accountants, assistant accountants, accounts r.