Operations Cost Savings and Efficiencies Institute of Chartered Accountants of Ireland
Price: USD 137
  • Duration: 5 Hours

Course details

 

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. 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.

More about this Event

Training tickets will be debited 5 points.

This course enables you to:

  • Understand how to structure a cost savings project
  • Learn how to prioritise activities
  • Get started by considering real life examples where cost savings and efficiencies have been achieved
  • Provide realistic targets for your business

Learning Outcomes

Project Benefits

  • Why do I need to improve me business or function?
  • In what ways can my business or function be improved?
  • What are the critical signs that cost reductions are required?
  • How do I start to plan?

Structure and Format

  • What are the essential components of a plan or project?
  • How do I structure the project?
  • What should the project look like?
  • What is the continuous improvement model?
  • What is a cost management plan?

Tools and Techniques

  • How can I keep things on track?
  • Who should lead the project?
  • How do you put the team together?
  • How should it be managed?
  • How can I apply lean techniques?
  • What is activity based costing?
  • What other useful tools are available?

Successful Projects

  • What kinds of thing tend to work well?
  • What kinds of thing don’t work so well?
  • How can I manage expectations?
  • How do I reward success?
  • Can I use efficiency and cost saving projects as a competitive tool?
  • How do I bring it all together?

 

Updated on 08 November, 2015

About Institute of Chartered Accountants of Ireland

Chartered Accountants Ireland (The Institute) is a membership body representing 23,000 influential members throughout the globe. their role is to educate, represent and support their members. their members work in senior positions in practice and industry. they are committed to restoring confidence at every level of the economy. they work with governments and businesses to raise awareness of the importance of sound financial advice.
Chartered Accountants Ireland was established as the Institute of Chartered Accountants in Ireland by Royal Charter in 1888. Its activities and those of its members are governed by its Bye-Laws and by Rules relating to professional and ethical conduct. These provisions are contained in the Handbook which is available to all members.
Chartered Accountants Ireland is governed by a Council and it is responsible for determining policy and monitoring its implementation. Council is lead by the Officer Group and supported by the Management Team and staff. A number of committees with voluntary member involvement also play a key role.
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