Better budget management can greatly improve the management of an organization. Organizations use the budgeting process to take stock of their direction, and refine their objectives. Budgeting reveals the organizations position in the market and can greatly help in planning and managing the available resources.
The aim of this course is to equip managers and heads of departments and entrusted with departmental or organizational budgets with skills and knowledge to enable them effectively formulate budgets, manage and monitor budget implementation to ensure that the budgeting process is helping the organization achieve its objectives. This course also equips managers with skills to put in place corrective budgetary actions. Managers who have gone through this course are well positioned to be productively involved in the budgeting process and better positioned to deliver on their budgets and management targets, explain variances when they occur and take corrective remedial actions in good time.
- Describe what a budget is;
- Budgeting :How and Why
- Parts of a Budget
- Mastering the Budgeting Process
- Strategic Planning and Budgeting
- Understand how budgets are used;
- Understand budgetary control techniques;
- Planning and Budgeting for a Project
- Zero base Budgeting :Priority Budgeting for the best Resource Allocation
- Variance analysis
- Identify ways of measuring performance levels;
- Techniques for preparing more accurate, realistic, and reliable estimates
- Control and variance analysis devices that signal revenue, cost, and operations thresholds
Exercises: After they have read the material for each unit, students are expected to test their own Learning by completing some relevant exercises and tasks.
Assignments: There are six assignments
(continuous assessment tests) and one examination to be offered at the end of the course/ project Paper. Assignments and Continuous Assessment Tests account for 70% while Examination accounts for 30% of the mark. Upon completion of the course you shall be issued with a Diploma Certificate and a course transcript.
Certificate and Transcripts will be sent after successful completion of the course
DURATION AND COURSE LOAD: 24Weeks - 5 to 6 hours per week
DATES: Six Months from 5th of Every Month.
REGIONS TARGETED: Global
COURSE: FEE: $800
ORGANIZER: Changemaker International
LEARNING FORMAT: Online Learning facilitated
Course Cost: Amount €800
To register for this course, kindly contact
Betje Wolffstraat 62, 3027RN Rotterdam
Phone :+31 616 950 384