3019 - Financial Planning and Control
Course Description
Decision-making within an organization often hinges on the numbers. So what financial tools do managers need to be familiar with to make sound, defensible decisions? This self-paced, introductory-level course is meant to teach finance concepts to non-financial managers and considers tools for decision-making such as cost benefit analysis, break even analysis, and Balanced Scorecard. The course also teaches the basic finance concepts such as return on investment (ROI), fixed and variable costs, and payback period.
Students have 90 days from the day they are granted access to complete this course.
Please note: Access to this course will be granted as soon as possible but may take up to 1 business day
Credits:
- 3 PMI PDUs:
- 1.5 Ways of Working PDUs
- 1.5 Business Acumen PDUs
- 0.3 IACET CEUs
- 3 HRCI Credits
- 3 SHRM PDCs
- 3 ATD CI Credits
Learner Outcomes
After completing this course, you will be able to:
- Explain cost benefit analysis
- Calculate return on investment and the payback period
- Explain fixed and variable costs
- Calculate break even and understand CVP (cost-volume-profit) analysis
- Explain tracking and performance measures
- Explain and calculate Balanced Scorecard measures