Certificate in Budget Formulation, Implementation, Management and Control Course
Africa Institute for Project Management Studies (AIPMS) is pleased to announce a Certificate in Budget Formulation, Implementation and Control Course , which starts 1st of every month for two months)
Overview:
Better budgets can boost your department and your career to higher levels of performance and success. Savvy executives use the budgeting process to take stock of their direction, refine their goals, and share their mission with their staff. Their budgeting reveals their position in the market, places untapped resources at their command, and motivates all employees to greater levels of productivity. They use their budgets to propel them towards the top of their industry.
The aim of this Course is to equip Managers and Heads of departments entrusted with departmental or organizational budgets with skills and knowledge to enable them effectively Formulate Budgets, Manage and Monitor the budgets implementation to ensure that the Budgeting Process is helping the organization achieve its objectives. This course also equips managers with skills to put in place corrective budgetary actions. Managers who have gone through this Certificate course are well positioned to be productively involved in the budgeting process and better positioned to deliver on their budgets; - they own their budgets, explain variances when they occur and take corrective remedial actions in good time.
Course Objectives
- Describe what a budget is;
- Understand how budgets are used;
- Use some budgetary control techniques;
- Identify ways of measuring performance levels;
- Techniques for preparing more accurate, realistic, and reliable estimates
- Control and variance analysis devices that signal revenue, cost, and operations thresholds
Course content |
- Budgeting :How and Why
- Parts of a Budget
- Mastering the Budgeting Process
- Strategic Planning and Budgeting
- Master Budgets
- Planning and Budgeting a Project
- Zero base Budgeting :Priority Budgeting for the best Resource Allocation
- Variance analysis
Computing Requirements:
Participants will need to use email, upload and download word docs,
PowerPoint files and PDFs, and post on the discussion board or send assignments by email. If you do not have internet speed sufficient to download materials, an offline DVD or hard copies course may be the right alternative for you. Materials Provided: Online delivery of curriculum materials, exercises and templates.
Exercises:
After they have read the material for each unit, students are expected to test their own Learning by completing some relevant exercises and tasks.
Assignments:
In order to demonstrate their understanding of the course content, students will be required to submit Four assignments.
DURATION AND COURSE LOAD: 8 Weeks - 5 to 6 hours per week
DATES: (Two Months) Course Starts on 1st of every month.
REGIONS TARGETED: Global
COURSE FEE: $500
ORGANIZERS: Africa Institute for Project Management Studies (AIPMS)
FORMAT: Online and Distance Learning facilitated
GENERAL COURSE CONTACT: Info@africadevelopmentresources.org
: www.africadevelopmentresources.org