An intensive professional development training course on
Effective Budgeting & Operational Cost Control
Planning, Managing and Measuring
Performance for Organisational Success
Why Choose Effective Budgeting & Operational Cost Control Training Course?
The Effective Budgeting & Operational Cost Control training course provides a necessary focus for the management of financial performance. But it is effective budgeting and operational cost control that enables organisations to remain competitive through adopting best practice and using appropriate tools of planning and control to add value for customers and shareholders. Budget preparation, and analysis, management and control of costs are the essential activities to ensure that long-term strategies are met.
Each of these areas, which are covered during this training course, are essential for all those involved in the budgeting process and cost management, and all those having budget responsibility whether it is at the departmental, business unit, project, or organisational level.
This AZTech course will feature:
- Practical management accounting applications
- The budget process and best practice
- Traditional and alternative methods of budgeting and cost control
- Purposes and benefits of cost analysis
- KPIs and the balanced scorecard
What are the Goals?
By the end of this training course, participants will be able to:
- Implement the budgeting process
- Identify the various types of cost behaviour
- Consider traditional and innovative approaches to budgeting and cost control
- Carry out cost analysis
- Use a balanced scorecard
The Course Content
- The key role of budgeting and cost control in contemporary organisations
- Budgetary planning and control
- The importance of value – for customers and shareholders
- Financial accounting and management accounting
- Integrating the financial and non-financial aspects of budgeting
- Financial planning and the budgeting process
- The key features of budgeting
- Advantages and disadvantages of budgeting
- Divisionalisation and responsibility accounting
- Operating budgets: zero-based, incremental, and activity-based
- Capital budgets
- Cash budgets
- Different costs for different purposes
- Fixed costs and variable costs
- Cost-volume-profit (CVP) analysis
- Contribution and marginal costing
- Absorption costing
- Decision-making
- Indirect costs (overheads) and direct costs
- Under-costing and over-costing: the consequences for profitability
- Traditional cost allocation systems and activity based costing (ABC)
- Refinement of the costing system
- Activity based budgeting (ABB)
- Standard costing, flexed budgets, and variance analysis
- Broadening performance measurement systems
- Innovative approaches to costing
- Integrating financial and non-financial performance measures
- The balanced scorecard
- Strategy maps
- Six sigma
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
How Aztech Saudi Can Enhance Your Professional Career
At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.
Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.
In Partnership With


This training course is also part of the 10-day titles:
Do you want to learn more about this course?
© 2024. Material published by AZTech shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.