The objective of this training is to help you in developing your knowledge and understanding of Cost Management Principles. By the end of this training you will learn to:

• Differentiate the traditional and modern cost management techniques
• Understand various product pricing strategies
• Apply the cost management techniques for strategic decision making
• Apply the performance evaluation techniques by linking the critical success factors with the key performance indicator

Solid State Training assesses the needs of the training audience and their professional backgrounds, experience and thereafter customises the training course accordingly. The classroom sessions are facilitated with presentations by a highly experienced subject matter expert. Participation is encouraged through group discussions, problem-solving exercises, practicing on accounting statements, group activities, etc. Participants are also encouraged to share their experiences, issues, concerns and best practices. Solid State Training follows the Do–Review–Learn–Apply Model to make every course successful.

Organisations who register their professionals to attend this course will get the following benefits:

• Increase Profitability through cost reduction for competitive advantage and strategic positioning
• Get control on the overall business cost
• Create Cost Management System to predict future expenses, costs, risk of going over the budget and work towards expected revenues accordingly
• Proper recording and presentation of cost data for the management to measure efficiency and for cost control and reduction

Participants who register in this Cost Management Certification Course will have the following benefits:

• Achieve Leadership in Cost Management
• Gain deeper insights into reducing cost and establishing cost controls
• Increase your performance in Estimate, Budget and Cost Control
• Act as a catalyst in taking important measures to manage costs in the most professional and competent way