Business Planning and Budgeting March 5 to am to 4.30 pm each day Magestic Tower Hotel Dubai UAE

Transcription

1 Business Planning and Budgeting March 5 to am to 4.30 pm each day Magestic Tower Hotel Dubai UAE Training-coordinator@isidus.net ISIDUS TECH TEAM FZE PO Box Dubai UAE, Mobile:

2 A CORPORATE TRAINING & CONSULTANCY COMPANY Business Planning and Budgeting March 5 to (4 days) 9.00 am to 4.30 pm each day Magestic Tower Hotel Dubai UAE Course Background Managing any business requires a wide range of skills. In particular, managers need to have working knowledge of several aspects like project management, financial management besides people management skills. Organizations are also required to plan their activities, finances and a whole lot of other resources which will enable them to not only survive but also make reasonable returns for the Stakeholders. Due to the constant changes in the market, Business Models which have been successful in the past are no longer a guarantee for profits. However there are many fundamental tools which have remained unchanged and will remain so as long as businesses continue like Planning and Budgeting, funds flow, financial statements, etc. Every organization uses these tools in a manner that suits their environment and derives benefits in the form of achieving business targets and to consolidate or expand its business. The outline for the proposed course is detailed below. Proposed Participants Senior and Middle Level Managers, Key Executives, Project Managers Day 1 Day wise Course Outline

3 Session 1 Introduction to Business Scenarios Profit-oriented, serviceoriented, Private-owned, Public-owned Strategic Directions of an Organization Sustain, Expand, Acquire, Merge, Diversify Business Planning Fundamentals Vision and Mission, Core Business Activities, Enterprise Level Strategic Plan and Business Plan, Strategic Goal-setting Basic Concepts of Accounting Income, Revex, Capex, Profit & Loss Account, Balance Sheet, Budgeting, Non-Cash Costs like Depreciation, Cash Flow Statement, Equity vs Debt, Dividends, etc Steps in Planning an overview covering Strategic Plan, Business Plan, Sales Analysis and Forecasting, Workforce Planning, Raw Material Planning, Capex Planning, Inventory Analysis, Customer/Product Profitability, Asset & Depreciation Analysis, etc Planning vs Budgeting vs Forecasting Strategic Goals and Outcomes, Critical Success Factors, Success Inhibitors Environmental Scan or PESTLE Analysis Workforce Planning Session 3 Lines of Business (LOB) Identifying Core Business Lines Revenue Estimation sources of revenue streams, size, regularity, etc Cost Estimation Fixed Costs, Operating Costs, Capex Capacity Planning, Sensitivity Analysis High Level Profitability, Margin Contribution Day 2 Session 1 Revenue Budgeting Operating Expenditure Budgeting Manpower Costs Budgeting Training Budgeting Sales and Marketing Budgeting Session 3 Capex Budgeting - Sources of Project Funding, Cash Flow and associated costs like interest Cash Flow Analysis and Profitability Analysis

4 Day 3 Session 1 Concepts of Tendering Why needed and what are the benefits Types of Tender - Open, Sealed, Closed, Public Explaining RFI, RFP, RFQ Tender Award process evaluation, negotiations, etc MIS reports Practice Exercise(s) - 1 Days 4 Practice Exercise(s) - 2 Course Methodology & Teaching Approach The course will be conducted using a power-point presentation and will primarily adopt a workshop-style Case Study approach. Discussions including exercises and brainstorming sessions will be designed to involve the attendees fully and to give them maximum activity and participation. Participants will work on the exercises/case Study. Investment : USD 1550/ participant 10% discount on nominating 3 participants, 5% early bird discount for confirmations 20 days before the program start date Cost Includes course material and continental lunch and coffee breaks each day Deliverables Course Handbook designed by trainer Suggested reading list Course Material All participants will be provided course material designed by the trainer comprising power-point slides used for presentation, case studies, Industry examples and other training material used for the program, as hard copies prepared for the workshop. Certificate of Participation

5 All participants will receive a certificate of participation Deadlines Confirmation A minimum of 15 prior to start date with payment details. Contact Details Training-coordinator@isidus.net ISIDUS TECH TEAM FZE PO Box Dubai UAE Mobile: