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Budgeting, Cost and Decision Making

By: EuroMaTech Training and Management Consultancy

United Arab Emirates

31 Jul - 02 Aug, 2022  3 days

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USD 1,800

Venue: Live - Online

All business decision making involves analyzing situations and assessing alternatives, risks and benefits. This EuroMaTech Online training course offers an opportunity to acquire and then deploy new skills and ideas to achieve improved financial operations and strategies. The knowledge acquired will enhance the budget process and control processes through a variety of strategies and techniques that will provide new insights to how financial performance can be enhanced. 

In this online training course you will participate in many aspects of modern thinking:

  • Budgets and Models as a key element of management and financial strategy
  • The analysis of opportunities, risks and rewards in the context of Capital Projects
  • Controlling costs by analysis, modelling, KPI’s and review of the cost drivers
  • Develop a broader view in the context of the enterprise’s objectives and constraints
Programme Objectives

The Budgeting, Cost and Decision Making EuroMaTech online training course will enable participants to achieve the following objectives:

  • Understand the importance of a well-defined budget process and create budgets relevant to your organization
  • Acquire costing and budgeting terminology and techniques
  • Master methods for risk, payback and cost-benefit analysis
  • Learn how to integrate profit, cash and balance sheet plans and budgets
  • Using ‘what-if’ and Stochastic Models to evaluate probable outcomes and ranges of variances and identify key drivers for corrective actions
  • Understand the use of Present Value, IRR and discounted cash flow (DCF) to support investment and financial decision making
Who Should Attend?
  • Both financial and non-financial professionals at all levels
  • Delegates with a financial background will enjoy the opportunity to broaden their knowledge base in aspects of budgeting and cost control that may not be part of their current responsibilities or experience
  • By participation in this course, participants whose background is not in the financial sector will gain an understanding of both the strategic and the technical aspects of budgeting and cost control involving both the financial and the operational opportunities for performance improvement
  • At the conclusion of the course all delegates will gain a strong understanding of the practicalities; techniques and strategies of budgeting and cost control that will both enhance their effectiveness and contribution in their current role and their career opportunities based on the skills and insights acquired
Live - Online Jul 31 - 02 Aug, 2022
USD 1,800.00(Virtual)
(Convert Currency)

EuroMaTech Training and Management Consultancy 00971 4 4571800

EuroMaTech

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