Cost Management: Engaging with Uncertainty

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Discover how agile cost management strategies can help you navigate uncertainty, uncover hidden opportunities, and build lasting value across your organisation.

£100 +VAT

1 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Cost Management: Engaging with Uncertainty

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Cost Management: Engaging with Uncertainty

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Decide on priorities and apply agile accounting principles to navigate uncertainty
  • Use cost estimation tools to create realistic forecasts and plans
  • Identify drivers of efficiency and their impact on operational costs
  • Maximise process efficiency and business agility using a structured six-step approach
  • Understand how workforce engagement enhances flexibility and resilience

About the course

We often begin thinking about cost management when things get tough, and our impulse can be to tighten our belts and keep expenditure down. But this can prove disastrous. What we should be doing is searching for opportunities, and engaging our workforce in new possibilities.

This course explores agile accounting and cost management strategies that help businesses respond effectively to uncertainty. You’ll look at cost estimation tools, process efficiency drivers, and a six-step model for achieving business agility – supported by real-world examples.

By the end, you’ll be able to identify the right priorities, create realistic forecasts, improve operational efficiency, and engage your team to adapt and thrive in a volatile environment.

Contents

Cost management in an unpredictable world

The purpose of cost management
Time for a change…
Risk and uncertainty
Essential business priorities
Value versus cost
The concept of value

Exploring opportunities

Investment appraisal
Seeking out opportunities
Agile accounting
Innovation accounting
The pyramid of metrics
The agile philosphy
Cost estimation

Improving performance

Making improvements
Measuring process efficiency
Cost management by business process
Putting a price on process
Improving business processes

A way forward

Achieving business agility
The short way to success
Adapting to change
Pilots and experiments
People improve processes
People power
The way forward
Survival tips

How it works

Author

Ross Maynard

Ross Maynard

Ross has worked as a consultant and trainer for over 20 years, specialising in finance processes, management information and performance measurement. He supports organisations to understand their processes; facilitates improvement teams; and supports staff to work together as a team to deliver tangible and sustainable improvements.