Financial Management

The Introduction to Cost Forecasting for Non-Finance Managers course complements the introduction to cost analysis course and should be taken with prior knowledge or having completed the previous course.  Sometimes, cost forecasting is considered as much an art as it is a science.  However, decision making demand a framework for forecasting.  The delivery outlines some basic forecasting techniques used in cost forecasting.

Introduction to Cost Forecasting for Non-Finance Managers

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Key Facts

Delivery Method

This is a half day online course. It will be remotely delivered through MS Teams and facilitated by subject matter experts. Course times are to be confirmed

Scheduled Dates*:

  • 1 October 2020
  • 1 December 2020

*Please note dates may be subject to change.

Commences

1 October | 1 December 2020 Bookings for this course close one week in advance of start date.

Entry Requirements

This course complements the Introduction to Cost Analysis Course and should be taken with prior knowledge or having completed the Introduction to Cost Analysis for Non-Finance Managers Course.

Duration

Half Day Online Course

Fees & Enrolment

Fee: The cost of this half day online course is €200 per person. (To be confirmed)

Booking: Bookings must be received in writing using a booking form or the online booking option (see below).

All bookings will be confirmed via email. Please send completed booking forms to:

Central Bookings Office
Institute of Public Administration
57-61 Lansdowne Road, Dublin D04 TC62
Tel: (01) 240 3666 | Fax: (01) 668 9135
Email: training@ipa.ie

All IPA courses are subject to minimum participant numbers and bookings will typically close one week prior to the course start date.

Cancellation Policy: Please note, that in the event of a cancellation less than 48 working hours before the commencement of a course, a 15% cancellation fee will be charged.  Cancellation fee will also apply to non-arrivals on the day.

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The Programme

The Introduction to Cost Forecasting for Non-Finance Managers course complements the introduction to cost analysis course and should be taken with prior knowledge or having completed the previous course.  Sometimes, cost forecasting is considered as much an art as it is a science.  However, decision making demand a framework for forecasting.  The delivery outlines some basic forecasting techniques used in cost forecasting.

Course Content

The Introduction to Cost Forecasting for Non-Finance Managers course will cover the following areas:

  • Separation of fixed and variable cost using the high-low method and regression analysis
  • Time series analysis
  • Learning curve model, effect and application to budgets

 

 

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