Budgeting Fundamentals for Training Managers Workshop
- What You’ll Learn
- Who Should Take This Course?
- What to Expect
- Build and analyze a training budget.
- Align your training budget with your L&D plan.
- Manage costs and budgets effectively.
- Secure funding for necessary projects and additional resources.
- Conduct return on investment (ROI) and break-even analyses.
What You’ll Learn
The Budgeting Fundamentals for Training Managers Workshop is a highly interactive course that will equip you with the tools, concepts and language you need to demonstrate your ability to effectively manage your budget and make sound financial decisions. Building this fundamental understanding of accounting and budgeting best practices will teach you how to estimate and track financial resources, gain approval for project funding, and create alignment between training investments and business goals. With these tools and skills in hand, you — and your entire learning function — will be positioned as a key business asset.
After course completion, you will be able to successfully:
Who Should Take This Course?
The Budgeting Fundamentals for Training Managers Workshop is designed for existing and emerging training managers and L&D professionals looking to learn how to manage financial resources and ensure they are allocated wisely to minimize costs and maximize value.
What to Expect
This virtual instructor-led master class takes place over one four-hour half-day. The session will be interactive, giving you an opportunity to master financial concepts, practice applying them in case scenarios, and discuss budgeting best practices with your peers.
Before the program, you will be asked to complete pre-work designed to offer an understanding of financial fundamentals and to allow you to build goals for your courses. Before your session, you will receive a student workbook that you will use during the course. The workbook will provide resources as well as space for notetaking during group activities.
Learn how the Budgeting Fundamentals for Training Managers Workshop can help you earn recertification credits for other leading human resources (HR) and training certifications, including SHRM, HRCI and ATD credentials.