Cost Management
Learning Outcomes
On successful completion of this course, student will be able to: Prepare the cost management information that managers need to manage effectively to lead their firms to competitive success, Integrate the strategic management in cost management information, Identify key factors for successful ABC/M implementation, Analyze the product or service’s life cycle using cost management methods, Assess key issues’ of effective strategic performance measurement system from the integration of strategic consideration into the evaluation, Prepare management quality, compensation and business valuation.
Topics
- Cost Management and Strategy
- Implementing Strategy: The Value Chain, the Balanced Scorecard, and the Strategy Map, Activity-Based Costing and Customer Profitability Analysis
- Cost Planning for the Product Life Cycle: Target Costing, Theory of Constraints, and Strategic Pricing
- Operational Performance Measurement: Further Analysis of Productivity and Sales
- The Management and Control of Quality, Management Compensation, Business Analysis, and Business Valuation
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