Understanding Costs and Budgets

ILM

Almost every manager will come across costs and budgets, project managers will come across these more than others. As a manager you will need to make sure every project is within budget, and you will need to find out how much a project will cost the company. This course is aimed at those who work with costs and budgets, or anyone who might do so in the future.

Course Contents

This course will cover;

  • The importance of meeting costs and budgets
  • The process by when a budget is agreed upon
  • The process of gathering information to see if budgets need to be revised
  • What are fixed and variable costs
  • The concept of “Break Even” in an organisation
  • How to maintain management of your costs

Credit Value

Award

Minimum : 4 Credits

Minimum : 2 Units

Taith Funding