Zero-Base Budgeting Course in Singapore

Budgeting exists so that every release of money could be meticulously recorded and accounted for. An ongoing project requires that all expenses or rewards must be monitored. In zero-based budgeting, each and every expense must be provided with justification before it is approved to better assess future budget needs.

This Zero-Base Budgeting workshop is ideal for anyone who would like to gain a strong grasp and improve their Zero-Base Budgeting.

The ideal group size for this Zero-Base Budgeting course is:

The duration of this Zero-Base Budgeting workshop is 2 full days. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 3 full days, 1 day, half day, 90 minutes and 60 minutes.

Below is the list of course benefits of our Zero-Base Budgeting course

1. Understand the basic concepts of Zero-Based budgeting
2. Adapt to market changes caused by Zero-Based Budgeting
3. Become aware of the realities of Zero-based budgeting and learn how to disperse the negative perceptions of it
4. Know the difference between zero-based and traditional budgeting
5. Gain the capability to maximize zero-based budgeting and how to minimize its risk
6. Learn to apply Zero-Based budgeting in a step-by-step procedure
7. Be equipped with creating goals and action plans that is set to achieve specific objectives
8. Manage budget effectively to minimize expenses and maximize results
9. Be prepared to create a budget spread that is uneven yet provides the most effectivity
10. Gain the ability to create an effective zero-based budgeting plan and learn how to apply it
11. Prevent problems that arise when applying zero based budgeting
12. Be ready to apply or change a zero-based budgeting plan based on the effects on the company

Below is the list of course objectives of our Zero-Base Budgeting course

1. Discuss the concepts of Zero-Based Budgeting
2. Observe how Zero-Based Budgeting affect market conditions today
3. Present the various truths and false perceptions of Zero-Based Budgeting
4. Differentiate between the zero based and traditional budgeting
5. Inspect the advantages and disadvantages of Zero-Based budgeting
6. Present the process flow of zero-Based budgeting
7. Model a proper funding which aligns more with the goals and strategies of the company
8. Orient how to set budgets focused on achieving specific goals
9. Explore an effective budget spread on how it can be unevenly spread across the different departments or activities
10. Test the effectivity of a Zero-Based budget plan
11. Explore the risk involved in Zero-Based Budgeting
12. Analyse the scenarios when a Zero-Based budget may not be applicable

Below is the list of course content of our Zero-Base Budgeting training course

1. What is Zero-Based Budgeting
2. What is the role of Zero-based budgeting in current market conditions
3. What are the myths and realities of Zero-based budgeting
4. What is the difference between zero-based budgeting and traditional budgeting
5. What are the advantages and disadvantages of Zero-based budgeting
6. What are the basic process flow under Zero-based budgeting
7. Budgets that are tied to specific activities and levels of service
8. Funding is targeted more to activities that align with the strategy
9. Manage spending through increases or cuts that are not simply spread evenly across the budget
10. How do you complete a zero-based budget
11. What are the challenges and risks of zero-based budgeting
12. How to assess suitability of zero-based budgeting in an organization

Each participant will receive the following materials for the Zero-Base Budgeting course

Each course participant will receive a certification of training completion

There are 3 pricing options available for this Zero-Base Budgeting training course. Course participants not in Singapore may choose to sign up for our online Zero-Base Budgeting training course.

We have the following  discounts, fundings & subsidies for this Zero-Base Budgeting training course

Contact us for the latest Zero-Base Budgeting course schedules:

Register For This Zero-Base Budgeting Course Now!

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