Effective Budgeting and Operational Cost Control Course

Learn effective budgeting and operational cost control methods with our specialized training course, ideal for managers. BMC Training offers Effective Budgeting and Operational Cost Control Course in Finance , Accounting and Budgeting Courses.

  • English
  • 85 Training Sessions
  • Confirmed
  • One Week
Effective Budgeting and Operational Cost Control Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Dubai , UAE 19 - Oct - 2025 23 - Oct - 2025 4987.5 GBP
Paris , France 19 - Oct - 2025 23 - Oct - 2025 6700 GBP
Hong Kong , Hong Kong 19 - Oct - 2025 23 - Oct - 2025 8500 GBP
Tokyo , Japan 19 - Oct - 2025 23 - Oct - 2025 9750 GBP
Kuala Lumpur , Malaysia 26 - Oct - 2025 30 - Oct - 2025 4750 GBP
Rome , Italy 26 - Oct - 2025 30 - Oct - 2025 7300 GBP
Barcelona , Spain 26 - Oct - 2025 30 - Oct - 2025 6950 GBP
Zurich , Switzerland 26 - Oct - 2025 30 - Oct - 2025 7950 GBP
London , UK 12 - Oct - 2025 16 - Oct - 2025 4950 GBP
Madrid , Spain 12 - Oct - 2025 16 - Oct - 2025 6950 GBP
Munich , Germany 12 - Oct - 2025 16 - Oct - 2025 7900 GBP
Berlin , Germany 12 - Oct - 2025 16 - Oct - 2025 7900 GBP
New York , United States 12 - Oct - 2025 16 - Oct - 2025 10900 GBP
Amsterdam , Netherlands 12 - Oct - 2025 16 - Oct - 2025 8100 GBP
Milan , Italy 12 - Oct - 2025 16 - Oct - 2025 6950 GBP
Dubai , UAE 12 - Oct - 2025 16 - Oct - 2025 4987.5 GBP
Paris , France 12 - Oct - 2025 16 - Oct - 2025 6700 GBP
Hong Kong , Hong Kong 12 - Oct - 2025 16 - Oct - 2025 8500 GBP
Tokyo , Japan 12 - Oct - 2025 16 - Oct - 2025 9750 GBP
Geneva , Switzerland 19 - Oct - 2025 23 - Oct - 2025 8950 GBP
Sydney , Australia 26 - Oct - 2025 30 - Oct - 2025 10900 GBP
Interlaken , Switzerland 26 - Oct - 2025 30 - Oct - 2025 8950 GBP
Geneva , Switzerland 12 - Oct - 2025 16 - Oct - 2025 8950 GBP
Istanbul , Turkey 16 - Nov - 2025 20 - Nov - 2025 4700 GBP
Bali , Indonesia 16 - Nov - 2025 20 - Nov - 2025 8100 GBP
Singapore , Singapore 16 - Nov - 2025 20 - Nov - 2025 7500 GBP
Washington , United States 16 - Nov - 2025 20 - Nov - 2025 11000 GBP
Kuala Lumpur , Malaysia 23 - Nov - 2025 27 - Nov - 2025 4750 GBP
Rome , Italy 23 - Nov - 2025 27 - Nov - 2025 7300 GBP
Barcelona , Spain 23 - Nov - 2025 27 - Nov - 2025 6950 GBP
Zurich , Switzerland 23 - Nov - 2025 27 - Nov - 2025 7950 GBP
Dubai , UAE 2 - Nov - 2025 6 - Nov - 2025 4987.5 GBP
Paris , France 2 - Nov - 2025 6 - Nov - 2025 6700 GBP
Hong Kong , Hong Kong 2 - Nov - 2025 6 - Nov - 2025 8500 GBP
Tokyo , Japan 2 - Nov - 2025 6 - Nov - 2025 9750 GBP
London , UK 9 - Nov - 2025 13 - Nov - 2025 4950 GBP
Madrid , Spain 9 - Nov - 2025 13 - Nov - 2025 6950 GBP
Munich , Germany 9 - Nov - 2025 13 - Nov - 2025 7900 GBP
Berlin , Germany 9 - Nov - 2025 13 - Nov - 2025 7900 GBP
New York , United States 9 - Nov - 2025 13 - Nov - 2025 10900 GBP
Amsterdam , Netherlands 9 - Nov - 2025 13 - Nov - 2025 8100 GBP
Milan , Italy 9 - Nov - 2025 13 - Nov - 2025 6950 GBP
Dubai , UAE 16 - Nov - 2025 20 - Nov - 2025 4987.5 GBP
Paris , France 16 - Nov - 2025 20 - Nov - 2025 6700 GBP
Hong Kong , Hong Kong 16 - Nov - 2025 20 - Nov - 2025 8500 GBP
Tokyo , Japan 16 - Nov - 2025 20 - Nov - 2025 9750 GBP
Taipei , Taiwan 16 - Nov - 2025 20 - Nov - 2025 9300 GBP
Sydney , Australia 23 - Nov - 2025 27 - Nov - 2025 10900 GBP
Interlaken , Switzerland 23 - Nov - 2025 27 - Nov - 2025 8950 GBP
Geneva , Switzerland 2 - Nov - 2025 6 - Nov - 2025 8950 GBP
Geneva , Switzerland 16 - Nov - 2025 20 - Nov - 2025 8950 GBP
Dubai , UAE 21 - Dec - 2025 25 - Dec - 2025 4987.5 GBP
Paris , France 21 - Dec - 2025 25 - Dec - 2025 6700 GBP
Hong Kong , Hong Kong 21 - Dec - 2025 25 - Dec - 2025 8500 GBP
Tokyo , Japan 21 - Dec - 2025 25 - Dec - 2025 9750 GBP
Kuala Lumpur , Malaysia 28 - Dec - 2025 1 - Jan - 2026 4750 GBP
Rome , Italy 28 - Dec - 2025 1 - Jan - 2026 7300 GBP
Barcelona , Spain 28 - Dec - 2025 1 - Jan - 2026 6950 GBP
Zurich , Switzerland 28 - Dec - 2025 1 - Jan - 2026 7950 GBP
Kuala Lumpur , Malaysia 14 - Dec - 2025 18 - Dec - 2025 4750 GBP
Rome , Italy 14 - Dec - 2025 18 - Dec - 2025 7300 GBP
Barcelona , Spain 14 - Dec - 2025 18 - Dec - 2025 6950 GBP
Zurich , Switzerland 14 - Dec - 2025 18 - Dec - 2025 7950 GBP
London , UK 7 - Dec - 2025 11 - Dec - 2025 4950 GBP
Madrid , Spain 7 - Dec - 2025 11 - Dec - 2025 6950 GBP
Munich , Germany 7 - Dec - 2025 11 - Dec - 2025 7900 GBP
Berlin , Germany 7 - Dec - 2025 11 - Dec - 2025 7900 GBP
New York , United States 7 - Dec - 2025 11 - Dec - 2025 10900 GBP
Amsterdam , Netherlands 7 - Dec - 2025 11 - Dec - 2025 8100 GBP
Milan , Italy 7 - Dec - 2025 11 - Dec - 2025 6950 GBP
Dubai , UAE 14 - Dec - 2025 18 - Dec - 2025 4987.5 GBP
Paris , France 14 - Dec - 2025 18 - Dec - 2025 6700 GBP
Hong Kong , Hong Kong 14 - Dec - 2025 18 - Dec - 2025 8500 GBP
Tokyo , Japan 14 - Dec - 2025 18 - Dec - 2025 9750 GBP
Dubai , UAE 7 - Dec - 2025 11 - Dec - 2025 4987.5 GBP
Paris , France 7 - Dec - 2025 11 - Dec - 2025 6700 GBP
Hong Kong , Hong Kong 7 - Dec - 2025 11 - Dec - 2025 8500 GBP
Tokyo , Japan 7 - Dec - 2025 11 - Dec - 2025 9750 GBP
Geneva , Switzerland 21 - Dec - 2025 25 - Dec - 2025 8950 GBP
Sydney , Australia 28 - Dec - 2025 1 - Jan - 2026 10900 GBP
Interlaken , Switzerland 28 - Dec - 2025 1 - Jan - 2026 8950 GBP
Sydney , Australia 14 - Dec - 2025 18 - Dec - 2025 10900 GBP
Interlaken , Switzerland 14 - Dec - 2025 18 - Dec - 2025 8950 GBP
Geneva , Switzerland 14 - Dec - 2025 18 - Dec - 2025 8950 GBP
Geneva , Switzerland 7 - Dec - 2025 11 - Dec - 2025 8950 GBP

Course Syllabus

Intorduction

The effective management of budgets and operational cost is a key aspect in leading and managing organizations. Nowadays, if contemporary organizations want to stay competitive, they are urged to think, plan and act in terms of value added to customers and shareholders. Along this line, budgeting, as well as tracking, controlling & reducing cost represent essential activities to be performed and monitored as strategies get executed.

In addressing these issues, this course is relevant for those professionals and analysts facing the difficult challenge of improving performance while reducing costs of those processes for which there are accountable.

This course will feature:

  • The management system in practice;
  • Budgeting practices;
  • Traditional and innovative tools for budgeting and cost control;
  • Multiple cost analysis for different purposes;
  • KPIs and the Balanced Scorecard.

Objectives

  • Master the budgeting process
  • Understand costs behavior
  • Explore traditional & innovative approaches to Budgeting & Cost Control
  • Analyze process costing
  • Manage balanced scorecard

Day One

Introduction: Building a Common Financial Language

  • The key role of budgeting and cost control in contemporary organizations
  • The 21st century business imperative: delivering value added (but to whom?)
  • Financial vs. Managerial accounting (for decision making)
  • Understand your processes: integrating financial and non-financial aspects
  • The budgeting process
  • Examples & Discussion

Day Two

The Budgeting Process

  • The key features of budgeting
  • Advantages and concerns with budgeting
  • Accountability and centers of responsibility
  • Zero-based budgeting
  • Budgeting and cost control
  • Examples & Discussion

Day Three

Cost Analysis

  • Different costs for different purposes
  • Fixed vs. Variable costs
  • The Cost-Volume-Profit analysis model
  • Contribution Margin analysis
  • Examples & Discussion

Day Four

Traditional vs. Advanced Techniques in Cost-Control

  • Under-costing and over-costing: the consequences for profitability
  • Indirect (OH) vs. Direct costs:
  • Traditional Cost Allocations systems vs. Activity-Based Costing (ABC)
  • Linking resources, activities and management
  • Variance analysis
  • Video, Case Study and Examples

Day Five

Beyond the Budgets: Balanced scorecards and Six-sigma

  • Broadening performance measurement systems
  • Beyond budgeting: integrating financial and non-financial issues
  • Introducing the Balanced Scorecard
  • Introducing the Strategy maps
  • Introducing Six-sigma
  • Video, Case Study and examples

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