* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
A 5-day training course to equip participants with the key concepts of planning and budgeting in telecommunications.
Provide participants with the guiding principles of planning and budgeting
• Explain the planning process
• Present the different components of a budget
• Explain how to identify and work with the key stakeholders involved in budgeting
• Demonstrate an understanding of the policy as it relates to planning and budgeting
• Equip participants with the knowledge to use planning and budgeting tools such as business plans, KPIs, etc.
• Present the key concepts of performance management
• Demonstrate the importance of resource management and provide strategies for efficiently managing resources
• Provide participants with an understanding of business risk management in relation to planning and budgeting
•Managers
• Finance and accounting professionals
•Telecommunications professionals looking to complement their skill-set by gaining an understanding of key concepts in planning and budgeting.
• Telecommunications professionals involved in planning and/or budgeting and looking to gain additional knowledge in these areas.
Planning & budgeting
• Basic guiding principles
• Importance
The planning process
Budgets and budgeting
• What is the budget?
• Why do a budget?
• Components of budgeting
• Main characteristics of budgets
• Input sources
• Budget vs. forecast and variance analysis
• Types of budgets
o Line-item or incremental
o Formula-funding
o Program budget
o Zero-based budget
o Activity-based budget
o Rolling forecast
• Latest trends in budgeting
Planning & budgeting tools
• Business plans
• KPIs, dashboards, and scorecards
• Challenges
Key stakeholders
• Who should be involved?
• Sharing of responsibilities
Compiling a budget
• Guidelines
• Components
• Analysis of strengths and weaknesses
Policy related to planning and budgeting
• Description
• Interpretation
• Definition of appropriate measures
Performance management
• Definition and importance
• Types of performance
• Measurement tools
• Budget and performance
• Efficient control and management
• Optimization of performance
Resource management
• Definition and importance
• Key concepts
• Effective resource management
Business risk management
• Uncertainty, risk and risk management
• Drivers of key risks
• Functions of risk management
• Structure and administration of risk management
• Action plans to manage risk
Averest Training Certificate of Completion or delegates who attend and complete the training course
This course is certified by:
This Course can be customized delivered to a group at your facility saving time and money.