Understanding and Managing Budgets

Name: Understanding and Managing Budgets
Price: 105 CAD
Availability: InStock

Course Code: ON335

Course Description:

A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

Learning Outcomes:

Recognize the uses and functions of budgeting
Recognize the key activities, considerations, and benefits of strategic organizational planning
Recognize the purpose and make-up of a master budget
Identify the components and calculations used to create a master budget and recognize uses for this information
Identify the components and purpose of an operating budget
Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
Recognize the purpose of cash budgets and how they are prepared
Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system

Estimated Length: 3 hours

CEUs: 0.3 CEUs | 3 PDUs

Notes:

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

This course does not require any additional purchases of supplementary materials.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.

Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.

Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Fifth Edition, Project Management Institute Inc., 2013.

The following list outlines the PDUs you will earn for completing this course, based on the certification you have.

PMP®/PgMP®

Technical: 0.75 Leadership: 0

Strategic/Business: 2.25 TOTAL: 3

PMI-RMP®

Technical: 0 Leadership: 0

Strategic/Business: 2.25 TOTAL: 2.25

PMI-SP®

Technical: 0.5 Leadership: 0

Strategic/Business: 2.25 TOTAL: 2.75

PMI-ACP®

Technical: 0 Leadership: 0

Strategic/Business: 2.25 TOTAL: 2.25

PfMP®

Technical: 0.75 Leadership: 0

Strategic/Business: 2.25 TOTAL: 3

PMI-PBA®

Technical: 0.75 Leadership: 0

Strategic/Business: 2.25 TOTAL: 3

TLNT reserves the right to cancel or change the date or location of its events. TLNT's responsibility will, under no circumstances, exceed the amount of the fee collected. TLNT is not responsible for the purchase of non-refundable travel arrangements or accommodations or the cancellation/change fees associated with cancelling them. Please call to confirm that the course is running before confirming travel arrangements and accommodations. Please click here for complete policies.

We could offer any of our courses at a location of your choice and customized contents according to your needs, please contact us at: [email protected] or click here to submit an online request.