Cost Management & Budgeting Techniques (2 days Course)
This course will teach the participants how to create a more meaningful budget, and how to use this budget to make more effective important financial decisions. Throughout this course, participants will identify effective methods for translating their organization’s strategic initiatives into measurable financial targets. Best practices for cost estimating, budgeting, and variance tracking are explored using the latest techniques
Course Objectives / Take away of the Training
Learning how to create positive budgets
Understanding how to keep budget relevant to organization’s needs
Being able to strategically link budget to management action and decisions
Being familiar with the major weaknesses of traditional budgeting techniques
Creating an adaptive performance measurement framework
Using alternative techniques to traditional budgeting
Who Should Attend? / Designed for
Anyone interested and wanted to develop his performance in cost management and budgeting techniques
Facilitator; Khurram A. Khan
Versatile and highly accomplished Senior Executive Management Professional offering over 20 years of experience in the areas of accounting and financial management, strategic planning and marketing, cost reduction programmes, enterprise resource planning, business partnering and business development, staff performance mentoring and improvement, and due diligence within industry best practices.
Professional Accountant having certification from Pakistan and USA, Masters in Economics and Business Administration and Doctorate in Financial management with extensive leadership and management skills and rich exposure to change management and coaching teams to support process implementation and improvement. Skilled in leading business transformations by utilizing finance management knowledge and meeting top line and bottom line objectives.
Key Note Speaker / Presenter conducted 50+ seminars, training sessions, workshops, CPD sessions on Cash flow management, Budgeting, Balanced score cards, and financial management & reporting analysis, and Internal Audits in Dubai, Malaysia, Nigeria, Dammam, Riyadh, Colombo and Thailand.