title
Please take a moment to fill out this form. We will get back to you as soon as possible.
All fields marked with an asterisk (*) are mandatory.
Cost Center Management
Duration
1 Day
Course
ITMG-109
Available Formats
Classroom Training, Online Training
Course Description
Overview
The Cost Center Management course is designed to provide students with an introduction to the budgeting process. It is ideal for new managers that do not have a budgeting background, seasoned managers that have not had cost center responsibility, and/or anyone who does not have experience in corporate budgeting practices.This class takes a very narrow view of budgeting. It specifically concentrates on the issues, responsibilities, and activities of cost center managers. That is, as a manager responsible for department expenses.
Objectives
Audience
- IT Managers
- New IT Managers
- Soon to be IT Managers
Topics
- Importance to your company, manager and peers
- Importance to you
- Your relationship with the Finance Department
- Budget items where you have no control, some control and full control
- Current year expenses vs. capitalized expenses
- Tools used in the budgeting process
- Budget Timing
- Techniques for forecasting the following year’s expenses
- Budget vs. actual reporting throughout the year
- Initial budgets, approved budgets, revised forecasts, revised budgets, and budget reporting
- Your manger says company revenues are down, do you offer to cut your group’s budget?
- When building next year's budget, how do you plan for unforeseen expenses?
- You're 6 months into the year and realized your budget won't reach year end. What next?
- Quiz-type questions to help you assess your understanding of the material
Related Courses
-
Effective Time Management (Second Edition)
OLEK-110- Duration: 1 Day
- Delivery Format: Classroom Training, Online Training
- Price: 585.00 USD
-
Practical Leadership
OLEK-150- Duration: 1 Day
- Delivery Format: Classroom Training, Online Training
- Price: 585.00 USD
Self-Paced Training Info
Learn at your own pace with anytime, anywhere training
- Same in-demand topics as instructor-led public and private classes.
- Standalone learning or supplemental reinforcement.
- e-Learning content varies by course and technology.
- View the Self-Paced version of this outline and what is included in the SPVC course.
- Learn more about e-Learning
Course Added To Shopping Cart
bla
bla
bla
bla
bla
bla
Self-Paced Training Terms & Conditions
??spvc-wbt-warning??
??group-training-form-area??
??how-can-we-help-you-area??
??personalized-form-area??
??request-quote-area??
Sorry, there are no classes that meet your criteria.
Please contact us to schedule a class.
STOP! Before You Leave
Save 0% on this course!
Take advantage of our online-only offer & save 0% on any course !
Promo Code skip0 will be applied to your registration
Nothing yet
Purchase Information
??elearning-coursenumber?? ??coursename??
View Cart