To ensure the effective financial management of the organization, it is necessary to prepare a realistic budget and ensure compliance with the approved budget. In addition, to ensure this compliance, operational costs must be monitored and controlled to ensure financial discipline. This workshop will help participants understand the key concepts and methodology surrounding cost management and budgeting. This includes: understanding the causes of costs, different costs for different purposes, avoiding non-value adding activities, and ongoing budgets.

Please take the opportunity to connect and share this video with your friends and family if you find it helpful.