Cost Analysis & Performance Measurement
Introduction:
This program addresses key issues, such as cost analysis, continuous improvement of cost assignment, management control, and performance evaluation. In so doing, this program pushes delegates to understand the cause-and-effect relationship among business strategy and vision, operational objectives, measures and targets, advanced performance measurement and reporting
Course Objectives:
By the end of this course, delegates will be able to:
· Enhance cost awareness
· Describe specific cost analysis and performance measurement techniques
· Select the costing measurement system that works
· Select the systems of performance measurement that works
· Demonstrate activity-based costing techniques
· Broadening knowledge of performance management techniques
· To understand the link between involvement and accountability
· Discuss real case studies
· Broadening the management accounting knowledge
· Enhance the ability to link cost to strategy to performance measurement
Who Should Attend?
Professionals with direct financial responsibilities and those who would benefit from news ideas and methods, Employees from every business discipline and department who have to run departments and plan and who are responsible for cost and strategic analysis, Middle to senior personnel from all sectors of industry and employees on fast-track development Courses, along with other employees working in a project management environment
Course Outline:
Refining Cost Accounting Systems
· Review of key Cost Concepts
· Decentralized organizations
· Cost Profit Investment centers
· Implications for cost management
· Transfer-pricing issues
· Budgeting and variance analysis
· Problems and Examples
Understanding Activity-Based Management
· Cost drivers and Activity-based costing
· Using ABC in administrative functions
· Advantages disadvantages
· Activity-based management
· Quantitative vs. Qualitative indicators
Performance Measurement
· Measuring performance
· Introducing the Balanced Scorecard
· Financial perspective
· Customer perspective
· Internal Business Process perspective
· Learning and growth perspective
Linking Strategy to Action
· Linking Balanced Scorecards with budgeting
· Linking Strategy to Performance Measurement and to Action
· Evaluating investment projects
· Developing and adapting scorecard
· Linking Balanced Scorecards with performance evaluation
· Problems and Examples
· The transformative power of the Balanced Scorecard
· Shortcomings of traditional approaches to measurement
· An integrated management model
· The role of measurement
· Building commitment and accountability
· Using the Balanced Scorecard to drive culture change
· Driving continuous improvement
| Code | From | To | City | Fee | |
|---|---|---|---|---|---|
| AF08 | 02 Feb 2020 | 06 Feb 2020 | Dubai | US$ 4200 | Book |
| AF08 | 12 Apr 2020 | 16 Apr 2020 | Cairo | US$ 3800 | Book |
| AF08 | 08 Jun 2020 | 12 Jun 2020 | Istanbul | US$ 4500 | Book |
| AF08 | 24 Aug 2020 | 28 Aug 2020 | Bali | US$ 5500 | Book |
| AF08 | 19 Oct 2020 | 23 Oct 2020 | Kuala Lumpur | US$ 4500 | Book |
| AF08 | 07 Dec 2020 | 11 Dec 2020 | Frankfurt | US$ 5900 | Book |
|
DUBAI OFFICE
Ittihad Deira Building, |
USA OFFICE 642 E14 Street,10009-13 Manhattan, New York (NY) USA info@petrogas-training.com |
EGYPT OFFICE 52 General Kamal Hejab Street,Suez Bridge, Cairo, Egypt info@petrogas-training.com |
Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.
Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.
We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.
Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.
A- Have staff trained in the latest training and development approaches
B- Support nationalization and talent management initiatives
C- Have properly trained and informed people who will be able to add value
D- Gain relevant technical knowledge, skills and competencies
A- Develop job related skills
B- Develop personal skills in subject matter
C- Have a record of your growth and learning results
D- Bring proof of your progress back to your organization
F- Become competent, effective and productive
G- Be more able to make sound decisions
H- Be more effective in day to day work by mastering job-related processes
I- Create and develop competency to perform job well
A- 10% discount after 05 candidates’ registration.
B- 15% discount after 10 candidates’ registration.
C- 20% discount after 20 candidates’ registration.
D- 25% discount after 25 candidates’ registration.
E- 30% discount after 30 candidates’ registration
F- Higher discount rates will be offered based on work volume with different clients.
A- One extra free seat is offered on 4 candidates on the same course and dates.
B- Two extra free seats are offered on 6 candidates on the same course and dates.
C- Three extra free seats are offered on 8 candidates on the same course and dates.
D- Four extra free seats are offered on 10 candidates on the same course and dates.
E- Five extra free seats are offered on 12 candidates on the same course and dates.
Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s).
If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.
PAYMENT POLICY
Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.
COPYRIGHT
© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
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