COURSE FINDER

Budget Development and Management

£2640 per delegate. This may be less for special offers on specific course dates and in-company training courses

Duration: 5 days

Trainer: T125PC

Need course dates or locations to suit you? CLICK HERE TO SEND ENQUIRY...

Budget Development and Management

The key course for all managers who are, or are about to be responsible for managing budgets as budget holders.

Everybody in an organisation has an involvement with budgets and budgetary control. If you are a budget holder, or about to become one, you will be required to contribute to the process of reviewing and updating your budget, apart from ensuring the operational adherence to it. This course will prepare you for both.

The 'Budget' is really a system of linked budgets, with the projected revenue for the next 1-3 years as the top of the 'pyramid' of inter-linked functional and financial budgets. The revenue budget is based on assumptions about process and volumes of the products and services that the organisation expects to sell or provide. The aggregated budgeted costs will reveal, early in the process, whether the expected profit gives an acceptable return on investment.

Budgeting is an interactive process requiring review and refinement until the whole set of budgets makes sense, and is agreed by the directors.

It is not simply, a matter of looking at last year's 'actual' and adding 'a bit', although that can happen if the process is not managed effectively.

This course is designed for: 

All people within any type of organisation who are responsible for budgets, whether the development of the budget or its management. It is also suitable for managers with no experience of budget management and why it is so critical to effective financial achievements.

By the end of this course, delegates will be able to:-

- Identify and design the different types of budgets for Operations; Departmental activities; Marketing; Capital Expenditure and Cashflow.
- Set a realistic and workable budget timetable
- Locate and analyse sources of financial, operating and marketing data.
- Understand business costs - fixed and variable.
- Develop a 'First-cut' contribution-based budget - a quick view of profitability.
- Prepare detailed forecasts of business activity and resource requirements.
- Design and prepare budget schedules.
- Design and implement a performance reporting system.
- Understand how to use Zero-based budgeting in validating resource levels and allocations.
- Review the budget system in your own organisation.
- The delivery of this course is based on a set of exercises which, taken together, will produce a coherent budget model which may be applied to any profit-making or not-for-profit organisations which have to manage resources within funding constraints.

The exercises will be supplemented by discussions on related issues, such as dealing with budget managers and stakeholders.

Delegates will be provided with working copies of the spreadsheets used throughout the course so that they have meaningful templates to take back to their organisation.

This course is available for in-house delivery if required.

This course will be conducted in the English language.

The course either has new dates in data loading, or is only run as a dedicated or In Company course.
  • OM Safety Logo
  • KeepSafe Logo
  • VETERANFIRE Logo
  • MSA Logo
  • SYNERGIETRAINING Logo
  • JJH Logo
  • 1UPACCESS Logo
  • BAM Construction Training Logo
  • Citrus Training Logo
  • 3B Training Logo
  • Astutis Logo
  • Construction Industry Training Providers Logo
  • MecSafe Logo
  • Health Life and Safety Logo
  • MI Construction Training Logo
  • Innov8 Training Logo
  • BSI Training Logo
  • TotalComms Training Logo
  • SDA Safety Logo
  • Construction Skills People Logo
  • Phoenix Health and Safety Logo
  • Complete Health and Safety Logo
  • Harris Safety Training Logo
  • First Response Training Logo
  • Alliance Learning Logo
  • ALS Safety Logo
  • KeyOstas Logo
  • Libben Health and Safety Logo
  • Global Management Academy Logo
  • Illumine Logo
  • CCAS Health and Safety Logo
  • ROSPA Logo
  • PJH Safety Training Logo
  • OMS Logo
  • Tala Training Logo
  • PRS Health and Safety Training
  • SSG Training and Consultancy Logo
  • RB Services Logo
  • Safety Training Services Logo
  • Clarkson Evans Training Logo
  • Lighthouse Training Logo
  • SWL Training Logo
  • The Building Safety Group Logo
  • Total Training Solutions Logo
  • Kentec Training Logo
  • Total Electrical Training logo
  • NTSS logo
  • C&C Training Logo
  • Safe Life Logo
  • IQMS Logo
  • Frinton Training logo
  • Envesca logo
  • The Safety Maintenance Company logo
  • APT Health and Safety logo
  • Sandwell Training Association logo
  • PC Workshops logo
  • Zero Harm Training logo
  • R2 Training logo
  • The Bradley Group logo
  • Risk Health and Safety logo
  • Wise Global Training logo
  • Smallpeice Enterprises logo
  • Sibbald Training logo
  • Highlander logo
  • Total Construction Training logo
  • e-testing logo
  • UTN Training logo
  • Collective Safety Solutions logo
  • C&C Training Logo
Telephone Hotline (footer image)

Telephone Hotline

01933 233884

(Monday to Friday - 8:00am to 5:30pm).

© 2020 Book My Course Limited. All rights reserved

Home | About Us | Contact Us | FAQs | Privacy Policy | Terms & Conditions | Site Map | News / Articles | Cookie Policy