Managing Budgets and Resources

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Budgets and resources are crucial to the functioning of any organisation.

Organisations need to plan and manage money and resources to remain operational. The aim of this “Managing Budgets and Resources” course is to equip managers with the knowledge that they need to manage budgets and other resources. This allows them to remain efficient and effective.

This course can be accredited by the Chartered Management Institute (CMI) and can form part of a programme to help participants achieve the Level 3 Principles of Management and Leadership qualification.

Suitability

This “Managing Budgets and Resources” course is for first line managers, aspiring managers, or for anyone new to management, leading teams or supervising.

Learning Outcomes

At the end of this course participants will:

Understand the importance of managing resources in your own area of responsibility
Understand the use of budgets in an organisation
Understand how to manage costs within a budget
Know how to monitor and control a budget in your own area of responsibility

Course Content

The importance of managing resources in your own area of responsibility:

Types of resources managed within an area of responsibility
The importance of managing resources effectively in your own area of responsibility
Methods used to achieve value for money when managing resources
The use of budgets in an organisation:
The purpose of a budget
The types and use of budgets within an organisation
The importance of operating within a budget
How organisational governance informs the management of budgets
How to manage costs within a budget:
The types of costs within a budget
Sources of information on costs in a budget
The systems used for managing costs within a budget
Limits of authority when managing costs within a budget
How to monitor and control a budget in your own area of responsibility:
Methods for monitoring a budget
The actions to take to control a budget
The process to escalate problems and changes to a budget in your own area of responsibility

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of our clients would recommend Alpha to a colleague or peer

90%

of a cohort was promoted within 2 years after participating in an Alpha course.

96%

of participants felt more confident in their role, following an Alpha commercial leadership course.

Why study with Alpha?

Innovation and creativity born from experience

We are thought leaders in instructional and learning journey design and holistic solution architects. We have extensive finance and investments experience combined with skills application to deliver performance improving results. We develop immersive learning environments that maximize time to productivity, support talent retention and added value to improving quality of hires.

Knowledge Exchange Evangelists

We are focused on mining the embedded organisational intellectual capital for the benefit of the next generation. We create and curate best in class practice gathered from our experience with the leading financial institutions. We design our programmes with the end in mind – what results are you trying to achieve with this intervention? What metrics will we set ourselves to achieve that?

Generation Proof

Quality and innovation, using current market and industry best practices, have made us a trusted partner in delivering dynamic and motivating training for the financial and capital markets. Our programmes are generation proof and responsive to evolving learner needs and styles. Our solutions use a multi-stakeholder engagement strategy that expands beyond relationships between the learner and learning provider. We create connections with managers, peers and the wider business to drive impactful return on investment..

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The team are so friendly and pleasant to work with, everyone is very professional and keen to help us. Building a relationship over the past couple of years helps us to feel like the Alpha team are even more able to understand our needs and provide more proactive solutions.