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Phoenix TS

Effective Resource Management Training

This training helps participants effectively manage resources, use techniques for financial management, and learn how to analyze financial information and communicate organizational and strategic plans.

Course Overview

This 1-day, instructor-led course will help participants effectively manage their resources. This training will address:

  • Relating the organization’s mission to the allocation of financial resources
  • Understanding techniques for financial management
  • Analyzing financial information
  • Communicating organizational and strategic plans

Schedule

Currently, there are no public classes scheduled. Please contact a Phoenix TS Training Consultant to discuss hosting a private class at 240-667-7757.

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Course Outline

Course Overview

Finance Jeopardy

The Fundamentals of Finance

  • Generally Accepted Accounting Principles
  • Your Role in Company Finances

The Basics of Budgeting

  • Defining a Budget
  • Types of Budgets
  • Understanding Where Your Budget Fits In

Parts of a Budget

The Budgeting Process

  • Step One: Gather the Budget Package 
  • Step Two: Lay the Groundwork
  • Step Three: Identify Your Goals
  • Step Four: Gather Your Resources
  • Step Five and Six: Planning and Doing

Monitoring and Managing Budgets

  • Making Connections 

Crunching the Numbers

  • Understanding a Ratio Analysis
  • Making Connections

Getting Your Budget Approved

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