BTS

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.

The Training Course Will Highlight ?

Training Objective

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

Target Audience

Management Accountants
Business Accountants
Finance Managers
Business Analysts
Team leaders

Anyone interested and wanted to develop his performance in cost management and budgeting techniques

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;
Lectures
Workshop & Work Presentation
Case Studies and Practical Exercise
Videos and General Discussions

Daily Agenda

DAY 1

Introduction to cost management and budgeting
Best practice for cost estimating, cost budgeting, and cost control
Cost management plans
Creating a cost baseline

DAY 2

Organizational cost budgeting dependencies
Control thresholds
Earned value assumptions
Contracting basics

DAY 3

Overview of the control costs process
Inputs to the control costs process
Tools and techniques for the control costs process
Outputs from the control costs process
Procurement planning
Reporting formats

DAY 4

Techniques for preparing budgets and forecasts
Strategically linking budgets to management action
Non-financial budgets
Best practice with respect to resource types and cost accrual methods
Classifying costs correctly

DAY 5

Microsoft Project's resource sheet
Developing cost estimating models in Microsoft Project
Custom views and tables in Microsoft Project
Predict cost overruns requiring corrective action

Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.

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Course Rounds : (5 -Days)

Code	Date	Venue	Fees
ACC129-05	08-12-2024	Cairo	USD 5450
ACC129-01	10-02-2025	Marrakesh	USD 5950
ACC129-02	28-07-2025	Dubai	USD 5450
ACC129-03	19-10-2025	Cairo	USD 5450
ACC129-04	28-12-2025	Dubai	USD 5450