Budget Development and Management - the 2 x week course
CP Training Consortium
Duration: 2 Weeks
£4,302
(Plus VAT)
Detailed information
| Duration: | 2 Weeks |
|---|---|
| Price: | £4,302 (Plus VAT) |
| Type: | Courses |
| Method: | In a classroom |
| Prepares for: | By the end of this course, delegates will be able to:- •identify and design the different types of budgets for Operations; Departmental activities; Marketing; Capital Expenditure and Cashflow. •Set a realistic and workable budget timetable •Locate and analyse sources of financial, operating and marketing data. •Understand business costs - fixed and variable. •Develop a 'First-cut' contribution-based budget - a quick view of profitability. •Prepare detailed forecasts of business activity and resource requirements. •Design and prepare budget schedules. •Design and implement a performance reporting system. •Understand how to use Zero-based budgeting in validating resource levels and allocations. •Review the budget system in your own organisation. |
| Geared towards: | The course for all managers who are, or are about to be, Budget Holders |
| Requirements: | Delegates will be provided with working copies of the spreadsheets used throughout the course so that they have meaningful templates to take back to their organisation |
Do you need further information?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course program
Everybody in an organisation has an involvement with budgets and budgetary control. If you are a budget holder, or about to become one, you will be required to contribute to the process of reviewing and updating your budget, apart from ensuring the operational adherence to it. This course will prepare you for both.
The 'Budget' is really a system of linked budgets, with the projected revenue for the next 1-3 years as the top of the 'pyramid' of inter-linked functional and financial budgets. The revenue budget is based on assumptions about process and volumes of the products and services that the organisation expects to sell or provide. The aggregated budgeted costs will reveal, early in the process, whether the expected profit gives an acceptable return on investment.
Budgeting is an interactive process requiring review and refinement until the whole set of budgets makes sense, and is agreed by the directors.
It is not simply, a matter of looking at last year's 'actual' and adding 'a bit', although that can happen if the process is not managed effectively.
The 'Budget' is really a system of linked budgets, with the projected revenue for the next 1-3 years as the top of the 'pyramid' of inter-linked functional and financial budgets. The revenue budget is based on assumptions about process and volumes of the products and services that the organisation expects to sell or provide. The aggregated budgeted costs will reveal, early in the process, whether the expected profit gives an acceptable return on investment.
Budgeting is an interactive process requiring review and refinement until the whole set of budgets makes sense, and is agreed by the directors.
It is not simply, a matter of looking at last year's 'actual' and adding 'a bit', although that can happen if the process is not managed effectively.
Do you need clarification regarding the course program?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course location
- Regus Victoria centre, Portland House, Bressenden Place - SW1E 5RGreater London (England)
CP Training Consortium
Since 1996 our consortium has been delivering courses attended by participants from a large, prestigious and loyal client base. Many of our specialist courses are unique, particularly in our core Supply Chain Management subjects.
CP trainers are all experienced and qualified practitioners in their fields, as well as being expert trainers used to dealing with groups from varied international backgrounds.
We offer a large programme of public courses in the UK, mainly in central London. Most of our courses are also available for delivery for clients in-house anywhere in the world, and we tailor our courses, or develop new courses to meet clients' specific needs.
Our registration and administrative systems are simple to use, provide for friendly and efficient human support when required and include a clear money-back guarantee.
We set out to be very flexible and responsive to our clients' wishes. (Most of them are also our friends!).
Please don't hesitate to make us aware of your preferences or specialist needs. We can design courses specific your learning objectives and can ensure that we satisfy defined learning needs for individuals attending our courses - just let us know what is wanted!
As an organisation we are accredited by the British Accreditation Council, which enables us to sponsor our participants for Student Visitor Visas. Accreditation of our programmes is provided by OCN Credit4Learning, which gives assurance of course design, quality control and independently assessed outcomes.
CP trainers are all experienced and qualified practitioners in their fields, as well as being expert trainers used to dealing with groups from varied international backgrounds.
We offer a large programme of public courses in the UK, mainly in central London. Most of our courses are also available for delivery for clients in-house anywhere in the world, and we tailor our courses, or develop new courses to meet clients' specific needs.
Our registration and administrative systems are simple to use, provide for friendly and efficient human support when required and include a clear money-back guarantee.
We set out to be very flexible and responsive to our clients' wishes. (Most of them are also our friends!).
Please don't hesitate to make us aware of your preferences or specialist needs. We can design courses specific your learning objectives and can ensure that we satisfy defined learning needs for individuals attending our courses - just let us know what is wanted!
As an organisation we are accredited by the British Accreditation Council, which enables us to sponsor our participants for Student Visitor Visas. Accreditation of our programmes is provided by OCN Credit4Learning, which gives assurance of course design, quality control and independently assessed outcomes.