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The future of every business depends on how well costs are managed and controlled. The cost of running business increases naturally. Without the ability to contain rising costs, an entity’s market attraction is lost and cash flow stifled. Business survival therefore, requires managers’ commitment to cost control and creation of cost conscious culture. This course looks beyond cost cutting to consider awareness, process efficiency and other strategic cost management approaches even as stiff to reduce operation/project costs is pursued.
Managers and executives in all function who need to review operation and projects to achieve significant cost reduction.
|What you'll learn||At the end of this course, participants will: Understand cost behavior and become cost conscious Fundamentally reduce cost through process improvement Apply life-cycle costing in capital evaluation Make ZBB a real control tool Perform cost variance analysis and demonstrate the use of standard costs in flexible budgeting Analyze cost-volume profit techniques to determine optimal managerial decisions Prepare a master budget and demonstrate an understanding of the relationship between the components Use activity-based costing where applicable to control cost Produce action oriented reports Deliver long lasting and tangible saving to the organization|
|Venue||Impact Learning Centre, 10, Obokun Street,Off Coker Road, Ilupeju, Lagos, Nigeria
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|Starts On||12 Jun 2017|
|Ends On||13 Jun 2017|
|Registration Closes||10 Jun 2017|
Pay ₦87500 for this Training