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Cost Management Certificate Level 4

Accredited by The CPD Qualifications Group

Oxford Business School

Summary

Price
£670 inc VAT
Or £55.83/mo. for 12 months...
Study method
Online
Duration
40 hours · Self-paced
Qualification
No formal qualification
CPD
40 CPD hours / points
CPD What's this?
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

Overview

Cost Management is a form of management that aims to improve the profitability of a company by eliminating unnecessary expenses. This can only be achieved by implementing a successful technique for managing costs.

Delivering a complex project with the right budget, quality and time frame is very important in meeting the expectations of a client. Cost management provides individuals and organizations the highest degree of cost predictability over the life cycle of their business with the use of cost modeling and management techniques.

Oxford Business School has structured this Certificate course to focus primarily on the internal financial analysis techniques and ideas within an organization. Through this course, participants will receive an objective knowledge of the controllable factors in the operations of an organization which will back daily operational control and strategic decision making.

After completing this course, participants will have the required competence to become an important asset in the field of cost management. This course will offer learners the relevant knowledge and abilities to provide management with financial and non-financial information for cost management, planning and controlling, strategic decision making, and so on. This diploma course will provide learners with the required knowledge to identify a career path within the financial industry, majoring in cost management.

Course Delivery

This is a self-study course, students have 100% freedom to complete the course, there is no time restriction on this course. There are no lectures. Students from all over the world can apply for this course.

Certification

Students will be awarded the Cost Management Certificate Level 4. After students complete the course, we will send their Certificate within 24 hours. The Certificate is Internationally recognized and will open unlimited opportunities to the learners.

Accreditation

The course is accredited by The CPD Qualifications Group.

Course Assessment

This course does not involve any written exams. students need to answer 4 assignment questions to complete the course, the answers will be in the form of written work. students can write the answers in their own time. Each answer need to be 200 words ( 1 Page ). once the answers are submitted, the tutor will check and assess the work.

Course Duration

The course can be completed in a very short time, it totally depends on the life style of the learners. Also, there is no pressure on students to complete the course on fast mode, the course is valid for 12 months, so students can complete the course with complete peace of mind and with no pressure at all.

Course Mode

This is a self-study course, students have 100% freedom to complete the course, there is no time restriction on this course.

Learning Materials

Students will be provided all the learning text materials ( E-Books , PDF ) to assist them in completing the course. Students are welcome to user their own learning materials or even use their work experience to complete the assignments.

CPD

40 CPD hours / points
Accredited by The CPD Qualifications Group

Description

This diploma course will provide a conceptual framework for financial decisions especially those of a long-term nature relating to an organization expenses. The focus of the course will be on the implementation of analytical tools, techniques, and theories through case studies, discussions, projects and analysis of decisions of modern organizations. This diploma course is designed to teach learners how to reduce costs in all of the major department of an organization such as compensation, sales, production, procurement, and administration. It will also discuss extensively on asset reduction techniques and cost management reports and measurements.

Course Benefits

At the end of this diploma course, you will be awarded with a Diploma in Cost Management, and will also be able to:

  • Plan and develop long term strategies and methods required to meet the objectives of an organisation
  • Plan and control short-term operational projects and resources by means of budgets
  • Record and analysis transactions and activities and compile management accounts
  • Provide and interpret financial and economic information for decision making
  • Obtain and control organizational funds and so on.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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