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SGS training in budgeting and cost control – learn how budgeting can be used to create value for your organization.

People in a glass meeting room

Is your organization's budget still valid and reliable? This practical budgeting course revisits the way budgeting is done. It will show you how to improve your budgeting so you can reduce costs effectively to create value for your organization. Case studies highlight the importance of using financial statements to achieve your budget target.

Course Objectives

On completion of this course, participants will be able to:

  • Revisit their organizations' visions and missions to ensure that they are relevant in today's competitive environment
  • Devise ways to achieve budget targets
  • Budget successfully using the beyond budgeting approach
  • Plan for optimum profitability under budget constraints
  • Understand whether to accept or reject project proposals
  • Manage material, labor and overhead costs
  • Understand company turnaround strategies
  • Understand debt collection and cash flow strategies
  • Formulate cost reduction strategies 
  • Understand how to use key performance indicators (KPIs) to track and control costs

Course Content

  • Converting business plans and KPIs into budgets
  • Profit planning and activity based budgeting
  • Budgets, behavior and beyond budgeting
  • Project based budgets
  • Managing material costs
  • Managing labor costs
  • Managing overhead costs
  • Company turnaround
  • Controlling costs using KPIs

Trusted leadership training from a leading course provider

Our courses are delivered by tutors who are experts in their field, as well as experienced trainers. Your knowledge and skills will be developed through an interactive and practical approach to learning.

Contact us today to find out how budgeting and cost control training can help you to create additional value for your organization and advance your own career.