CIMA Professional - Management Level (P2) Performance Management

Vocational qualification

Online

£ 150 VAT inc.

Description

  • Type

    Vocational qualification

  • Methodology

    Online

  • Start date

    Different dates available

Manage and improve the decision making process

Continue with your journey towards achieving the CIMA Professional Chartered Management Accounting qualification and plunge into the P2 Performance Management course.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

As a qualified Management accountant you can expect to earn a salary around £32K with further prospects leading to Financial Controller, Finance Director, Finance and Administration Manager.
Source:PayScale

This course will be very beneficial to you if you want to add practical performance management skills to your CV or portfolio of skills.

Students will need to have first attained the CIMA Operational qualifications before they can move on to the CIMA Management Level training.

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

This centre's achievements

2017

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 7 years

Subjects

  • Performance Management
  • Decision Making
  • Management Accounting
  • Pricing Strategy
  • Pricing techniques
  • Management
  • Management of Risk
  • Management Planning
  • Quality
  • Quality Systems

Course programme

The P2 Performance Management course contributes to the attainment of the CIMA Professional Chartered Management Accounting qualification.
  • Understand the implications of cost and revenue, with regards to pricing and product decisions. Learn the principles of decision-making and understand the conflict issues that can arise during decision-making processes, and how to deal with them effectively.
  • Learn how to analyse short-term pricing and product decisions, and how uncertainty and risk can impact decision models using CVP analysis.
  • Get to grips with pricing strategies, and understand the financial consequences that are involved, including profit maximisation, market skimming and product bundles.
  • Learn how to evaluate techniques for analysing and managing costs to ensure competitive advantage. Compare and contrast functional cost analysis and value analysis.
  • Learn how to prepare cost of quality reports, and understand and apply the key elements of Pareto analysis.
  • Understand the principles that contribute to the use of budgets in control, including the concept of responsibility accounting and the various controllable and uncontrollable costs that can be encountered.
  • Learn how to evaluate performance-using budgets, using ratio analysis, ‘what if’ scenarios and using both fixed and flexible budget reports.
  • Apply your knowledge of budgets in control to more diverse managerial issues.
  • Learn more about the structure of an organisation, and the implications that it has on responsibility accounting.
  • Apply decision-making knowledge that you have acquired to scenarios suitable for cost centre managers and investment centre managers.
  • Gain insight into the consequences that can occur following the division of an organisation into responsibility centres.

Additional information

Flexible, interest-free, part payment options available.

CIMA Professional - Management Level (P2) Performance Management

£ 150 VAT inc.