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Setting and Managing Budget

Rationale

Participants will be able to analyse the business concept in budget setting and effective management. He/she will develop practical skills for assessing priorities in expenditures. It will be an empowering tool for participants to demand for value-added products and services for the most appropriate prize. It will also highlight the cons and pros about outsourcing. Most importantly, it will analyse the common sources of financial wastage and savings.   The programme will help managers to gain skills for critical view/analysis of the internal and external environment and potential for powerful influencing factors that may impact on current or future expenditure.

Who should attend?

Middle to senior managers and those aspiring for management positions where the potential to manage budget and performance would be required

Contents

Financial analysis and planning
Business analysis and planning
Plant/Materials/Personnel/Customer (PMPC) analysis
SWOT analysis
Working with accountants and financial experts
Questioning and rejecting orders
Building relationship with suppliers

 

 
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