Principles of Managing Operations and Budgets
Overview
What is organisation strategy and what is the role it plays in organisational success? It is essential for individuals in leadership roles to gain an in-depth understanding of strategic planning and how it can be applied to enhance growth in an organisation. This is a soft skill that you can get certified in with the Principles of Managing Operations and Budgets. The course will teach learners how to develop and implement an organisational plan. You will learn the fundamentals of budgets and how to control costs in the workplace. Soft skills are central to the smooth functioning of an organisation and many enterprises encourage employees to have the right combination of both. It is no longer sufficient to be skilled or to have expertise in a particular area or field. This course will equip you with the skills and expertise that are required for individuals in top management roles.
The programme is extensive and will cover key modules such as types and sources of data, data management, learning about organisational financial governance and compliance, understanding problem-solving techniques and effective decision-making, . Each module is discussed thoroughly to ensure learners gain an in-depth understanding of the subject matter.
The Principles of Managing Operations and Budgets is highly beneficial to individuals working in operations. The course will get you acquainted with the problem-solving process and handling tricky business challenges. Getting qualified will further improve your opportunities of career progression, and having this certification on your resume will demonstrate to employers that you have expanded your soft skills and expertise in this area. You will gain an in-depth knowledge of transferable skills and personal behaviours and why acquiring them makes you a marketable candidate to leading enterprises.
Pearson Education is a British-owned education publishing and assessment service to schools and corporations, as well for students directly. The company is with more than 22,500 employees operating in 70 countries. They provide content, assessment and digital services to learners, educational institutions, employers, governments and other partners globally. They are committed to helping equip learners with the skills they need to enhance their employability prospects and to succeed in the changing world of work.
What Will I Learn?
KEY FEATURES
| Who Is This Course Aimed at? |
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| Entry Requirements |
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| Access Duration | You will have 12 months access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time. |
| Method of Assessment | In order to complete the Principles of Managing Operations and Budgets, learners will take an online multiple choice questions assessment test. This online multiple choice questions assessment test is marked automatically so that you will receive an instant grade and know whether you have passed the course. |
| Certification | Those who successfully complete the course will be awarded an e-certificate of “Principles of Managing Operations and Budgets” endorsed by Pearson. It will make you valuable, and your motivation at gaining new skills will be recognised. |
| Awarding body (Accreditation) |
Pearson Education is a British-owned education publishing and assessment service to schools and corporations, as well for students directly. The company is with more than 22,500 employees operating in 70 countries. They provide content, assessment and digital services to learners, educational institutions, employers, governments and other partners globally. They are committed to helping equip learners with the skills they need to enhance their employability prospects and to succeed in the changing world of work. |
| Progression and Career Path |
Once you qualify in the Principles of Managing Operations and Budgets, you will gain an accredited qualification that will demonstrate your expertise in implementing an organisational strategy. You can use this certificate as a foundation to study further in the subject or build on your soft skills and progress in your choice of career. You will be recognised for your effective strategic planning. Given below are job roles you can land with this certification.
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Course Curriculum
| 1: Development of Organisational Strategy | |||
| Organisational Strategy | |||
| Strategic Planning – Developing an Organisational Strategy | |||
| 2: Implementing an Operational Plan | |||
| The Operational Plan | |||
| Implementing the Operational Plan | |||
| Managing Physical Resources | |||
| Planning and Scheduling Staff Resources | |||
| Dealing with Operational Constraints | |||
| 3: Managing Data | |||
| Types and Sources of Data | |||
| Quality of Data (Validity and Reliability) | |||
| Data Management | |||
| 4: Organisational Financial Governance and Compliance | |||
| Organisational Financial Governance and Compliance | |||
| Complying with Governance and Compliance Requirements and why it’s Important | |||
| Value for Money (VfM) | |||
| 5: Finance | |||
| Business Accounting | |||
| 6: Budgeting | |||
| Introduction to Budgets | |||
| Limitations of Budgets | |||
| Controlling Costs in the Workplace | |||
| 7: Problem Solving | |||
| Problem-Solving Techniques for Tricky Business Challenge | |||
| The Problem-Solving Process | |||
| Problem-Solving Approaches | |||
| Critical Thinking on the Fly | |||
| 8: Decision-making | |||
| Effective Decision-making | |||
| Making a Decision | |||
| Decision-making Techniques | |||
| Critical Thinking on the Fly | |||
| Tackling Big Decisions | |||
Ideal choice
It was a good choice of course for me. Keep it up!
Clear presentation
The presentation was clear and straightforward. All the key modules were covered and the training maintained a high standard.
Outstanding assistance
I received great support right from the start. The staff at South London College is friendly and professional at all times.