Begetting, cost management and control

Overview

Introduction

This program provides a practical and structured understanding of how organisations plan, manage, and control costs effectively. Participants learn budgeting methods, cost analysis tools, and financial control mechanisms used in different industries. The training covers forecasting techniques, performance monitoring, and variance analysis to support informed decision-making. Real-world case studies and exercises help participants apply budgeting and cost-control strategies confidently. The course prepares learners to design financial plans that support organisational efficiency and profitability.

Learning Outcomes

By the end of this training course, the participants will be able to:

• Develop operational and financial budgets

• Analyse costs using standard costing tools

• Apply forecasting techniques for planning

• Perform variance analysis & control measures

• Establish effective cost monitoring systems

Main Modules

  1. Fundamentals of Budgeting & Cost Structures
  2. Budget Preparation, Types & Techniques
  3. Forecasting & Financial Planning
  4. Cost Control Systems & Variance Analysis
  5. Performance Monitoring & Reporting
  6. Activity-Based Costing & Cost Efficiency Tools
  7. Zero-Based & Rolling Budgets
  8. Practical Budgeting Workshops

Certification

All participants will be awarded a Program Completion Certificate from TRACEZ upon satisfying the following conditions:

  • 100% attendance and active participation in class and group discussions
  • Submission of all continuous assessments (individual and group exercises)
  • Successful completion of the end-of-course assessment


Mode Of Learning

online, classroom

Course Code

TRFM028

Price

Duration

5 Days

Category

Finance Management

Language

English

Certification

Yes

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