Principles of Managing Operations and Budgets

OVERVIEW

The Principles of Managing Operations and Budgets will equip learners with the much desired skill of learning how the management intends to develop an organisational strategy and use a budget to meet the company’s objectives. Soft skills are as central to the smooth functioning of an organisation as that of specialist skills. While individuals are expected to be experts in certain areas and sectors, there is a focus on soft skills and rightfully so, with leading organisations encouraging a perfect combination of the two to help you carry out your tasks effectively and maintain a high standard of performance.

The programme is extensive and will cover key modules such as organisational strategy, implementing an operational plan 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 and will get you acquainted with developing an organisational strategy. 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 gaining them makes you a marketable candidate to leading enterprises. It will help you contribute to the overall success of an organisation.

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.

Why study at Global Edulink?

Global Edulink offers the most convenient path to gain recognised skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

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

Who is this course aimed at?

• Aspiring Managers
• Operations Managers
• Company Leaders
• Individuals in top management positions

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.