Cost Management

Corporate
Digital Skills

Business Management and Finance

Duration

30h

PRESENTATION

The training program «Cost Management»It immerses you in the world of corporate financial management, providing you with the tools and strategies you need to understand, control, and optimize an organization's operating costs. You'll be able to explore fundamental concepts of costs, cost accumulation systems, analysis techniques y cost improvement, as well as the impact of costs on business decision-making. You will also develop skills in budget preparation and control, and you will be introduced to tools y technologies advanced financial management techniques. You will apply this knowledge in a dynamic way through interactive activities and educational resources such as self-assessments and review exercises.

Objectives

  1. Understanding the Fundamentals of Cost Accounting.

  2. Apply Cost Analysis Techniques.

  3. Take Informed Financial Decisions.

  4. Develop and monitor Budgets..

  5. Use Technological Tools.

Syllabus

TEACHING UNIT 1. MANAGING THE COMPANY'S DIRECT COSTS.

  1. Cost Control and Management
  2. Reduction in Direct Costs
  3. Strategies for Reducing Labor Costs

TEACHING UNIT 2. REDUCING FIXED COSTS. HOURS.

  1. Reduction in fixed costs
  2. Hypofunction and Its Treatment

TEACHING UNIT 3. MANAGEMENT ACCOUNTING SYSTEMS: FULL COST AND DIRECT COST.

  1. Development of the Full Cost Model
  2. Direct Cost Standard and Operating Tables
  3. Differences Between the Two Models

TEACHING UNIT 4. INNOVATING BUSINESS MANAGEMENT: THE CBA SYSTEM.

  1. Development of the CBA Model
  2. Differences Between the Full-Cost, Direct-Cost, and CBA Models

TEACHING UNIT 5. BUILDING QUALITY IN THE COMPANY.

  1. Value Chain Development
  2. Quality Management
  3. The Costs of Quality and the Costs of Poor Quality

LEARNING UNIT 6. HOW SHOULD WE PRICE PRODUCTS?

  1. Factors Influencing Pricing Decisions
  2. Pricing Strategy

TEACHING UNIT 7. MANAGEMENT OF THE PRODUCTION PROCESS.

  1. The purchasing process at the company
  2. The PDCA Cycle in Production

TEACHING UNIT 8. WAREHOUSE MANAGEMENT.

  1. The Layout of a Warehouse
  2. Basic Functions for Receiving and Shipping Materials
  3. PMP FIFO Methods
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Are the Educa PHAROS courses eligible for credit?

Many courses can be credited toward the master's programs at Structuralia.

Facts about our area

+ 1.483

Hours

+88.999

Minutes

264

Courses

Educa PHAROS is a next-generation training model that places a company’s human capital at the forefront. Through a platform that adapts to each company’s corporate identity and offers a total of more than 900 courses, it provides tailored training for each organization. The unlimited flat-rate plan provides each company with the number of courses that best suits its needs, as well as the ability to determine which employees will have access.
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