This course will provide a framework to help you analyse your business, consider where to best focus your resources and review how to balance short term cost reductions with longer term business needs. Do you believe that your organisation or project is running efficiently? When things are going well there is often not enough time to concentrate on anything but the core business activities, and if things are not going well arbitrary cost cutting risks long term existence.
More about this Event
Training tickets will be debited 5 points.
This course enables you to
- Learn how to prioritise activities
- Provide realistic targets for your business
- Understand how to structure a cost savings project
- Get started by considering real life examples where cost savings and efficiencies have been achieved
Learning Outcomes
Project Benefits
- What are the critical signs that cost reductions are required?
- Why do I need to improve me business or function?
- In what ways can my business or function be improved?
- How do I start to plan?
Structure and Format
- How do I structure the project?
- What are the essential components of a plan or project?
- What should the project look like?
- What is a cost management plan?
- What is the continuous improvement model?
Tools and Techniques
- Who should lead the project?
- How do you put the team together?
- How can I apply lean techniques?
- What is activity based costing?
- How should it be managed?
- What other useful tools are available?
- How can I keep things on track?
Successful Projects
- How can I manage expectations?
- What kinds of thing don’t work so well?
- How do I reward success?
- What kinds of thing tend to work well?
- How do I bring it all together?
- Can I use efficiency and cost saving projects as a competitive tool?
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