Public finance management and Public Sector budgeting play a fundamental role in balancing the social and economic objectives of the state and acts as a significant determinant of macro-economic performance.
Public finance management and Public Sector budgeting play a fundamental role in balancing the social and economic objectives of the state and acts as a significant determinant of macro-economic performance.
A pre requisite component for achieving these goals is an efficient budgeting process. GBA offer course designed in such a way that it will examine both theoretical and empirical perspectives on public finance management and the budgeting process with a focus from a broader macroeconomic perspective.
Objective:
GBA is a one-stop destination for diversified training offering extensive training with a wide range of courses. All training programs are designed and delivered by recognized facilitators.
This course is designed to provide middle management with a comprehensive introduction to understanding, preparing and managing budgets successfully.
Financial planning is the process of raising funds and allocating these funds based on the overall business strategy. The starting point of the financial plan is therefore organisation’s Mission/ Vision Statements.
Budgeting and forecasting are the most fundamental quantitative management techniques which allow finance executives to prepare financial and non-financial thresholds so that they can assess, compare and monitor all actual deviations from the plan and take corrective steps.
Value Engineering is not simply a design/peer review or a cost-cutting exercise. Rather, Value Engineering is a creative, organized effort, which analyzes the requirements of a project for achieving the essential functions at the lowest total costs (e.g. capital, staffing, energy, maintenance) over
The effective management of budgeting and cost control is crucial for contemporary organizations. Nowadays, if companies want to stay competitive, they are urged to think in terms of process-value added to customers/shareholders.
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