FINANCIAL RESILIENCE, COST CONTROL AND RISK MANAGEMENT

BASIC INFORMATION

  • Starts: May 3, 2021
  • Length: 3 Days
  • Location: Abuja
  • Fees: ₦ 120,000
  • Reserve: 40
  • Downloaded: 120

Programme Description

Effective finance is built on planning, but organisations needs understand the resilience to deliver. All business decision-making involves analysing situations containing varying degrees of risk. This programme uncovers the essential skills required to understand the processes of cost control and managing risk as an inherent part of delivering organisational success for better decision-making. The course will explore financial resilience, cost control and risk management.

Programme Objective

Participants will be able to:
1. Develop budgeting and financial skills required for better decision-making
2. Learn new cost control techniques and methodologies
3. Master techniques for cost-benefit analysis
4. Learn how financial resilience can help organizations be better prepared for growth
5. Understand risk management and applications in an organizational context

Programme Modules

1. Introduction to Financial Resilience
2. Building Financial Resilience
3. The need for Financial Resilience in business
4. Understanding Risk Management
5. Principles of Risk
6. Risk Assessment
7. Risk Treatment Plans and Smart Actions
8. Cost Control Basics: Introduction
9. Types of Costing
10. Cost Analysis: Capital Budgeting and Investment Appraisal

Programme Outcomes

At the end of the programme participants will be able to:
1. Understand and apply risk treatment plan
2. Explore and make use of cost analysis
3. Develop an understanding of assessing risk
4. Understand the need for financial resilience in business
5. Identify the various types of costing

Target Participants

Financial Professional, Professional R&D, Sales/Marketing Professional, General Accounting Professional, Business Unit Professional. Anyone or Organizations looking to refine and advance their budgeting and costing knowledge.

Programme Information Session

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