IT Cost Management

The  Information Technology Cost Management course is suited to IT people  placed in the role as IT cost manager who have been performing the role for some time but have never received any formal training.

The course is also suitable as an introduction for anyone thinking about IT cost  analysis role or for other cost management management professionals with focus on IT investment and operation, and wanting to gain a more in-depth understanding of the role and responsibilities in the area of cost management.

This ‘Fundamentals’ course is aimed at learning real-world IT cost  analysis and IT budget development and implementation skills that can be used in the workplace especially in an organization with high IT investment.

Course delegates or course participants ;should be able to return to their working environments and work as effective Cost Management  team members immediately adding value and building effective relationships with business and IT stakeholders.
The course uses case studies to analyze approaches to managerial cost investment and operation (capex and opex) The course also covers the application of decision and control models, planning and control in IT cost management, while also concern on  decision control models, and cost planning.

*This course will deliver in Indonesian and/or English by Our Master Trainer/Instructor: Dr. Ir. Fauzi Hasan, MBA, PMP, CISA, CISSP, SSCP, CISM, CGEIT, CPRC, CSCP, CDCP, CITM APICS, Cert. Change Management (APMG).

Objectives & Benefits

By the end of the   IT Cost Management the  participants will be able to:

• To have thorough  understanding on the IT cost management including all the parameters and issues related
• To have complete perspective on IT Investment Management Process
• Work with business users  (stake holders) to define  different types of IT cost investment and operation
• A framework to calculate Total Cost of Ownership (TCO) for  IT enterprise resource  systems
• To have capability to break-down complex IT cost  scenarios or cost problems into process and data models (cost management related)
• To Have capability in implementing modern cost management concept as related to IT infrastructure
• To have capability to reduce and optimize IT cost as related to the investment, operation and maintenance of  IT installation and the infrastructure

Target Audience

This course was originally designed for IT  managers and those who involve in the activitie such as related to IT investment, operation and maintenance. However, the course is also suitable for experienced IT managers and Investment  Analysts as it:

• Provides a reinforcement session for those IT staff  who have   been doing the job for many years but have never received formal training in IT cost management
• Provides a ‘standard’ approach to be adopted by teams who might currently be using a mix of different techniques in IT cost management.

Course Contents and Descriptions

1. Introduction to IT Cost Management
   Covers the role of Information Technology Cost Management and how the role has evolved within the cycle of IT investment, operation and maintenance. Examines the differing roles and responsibilities in cost management through all  phases of investment planning and IT infrastructures operation.
2. Performance Evaluation
   Outcomes: Understand the relationship between IT Cost  Management control and IT performance evaluation such as:
   • Identify the objectives of  IT cost management control
   • Identify the types of IT Cost control systems
   • Explain the application of control to IT cost centers, IT revenue centers and IT profit centers
   • Understand how the balanced scorecard supports strategic cost management
3. Strategic Investment For Information Technology
   Outcomes
   • Describe the function of a strategic investment unit
   • Discuss implementation of appropriate transfer prices
   • Calculate return on investment, residual income and economic value added, and use them to evaluate the performance of a business unit
4. IT Cost Management Information
   Outcomes
   • Explain how IT cost information is used in different types of investment for infrastructure’
   • Identify the  functions of IT Cost management
   • Understand the use of IT cost information in support of different IT investment strategies
   • Describe the influence of modern management techniques on IT cost management
   • Allocate shared support costs to IT production
   • Allocate shared cost to products that result from a single process
5. The Flexible Budget and Standard IT Costing
   Outcomes
   • Identify and explain control systems and uses of standard IT costing
   • Distinguish between effectiveness and efficiency in IT Cost Management
   • Construct a master IT investment  budget
   • Develop a flexible IT  investment budget
   • Calculate direct input variances in IT investment budget
6. Flexible Budget: Analyzing Factory Overhead
   Outcomes
   • Distinguish between the control purposes and the costing purposes of standard costing for IT overhead
   • Calculate, explain and record the overhead variances in IT budget
7. Operational IT Cost
   Outcomes
   • Explain, calculate and use the operational data on IT costs
8. Total Cost of Ownership (TCO) for  IT enterprise resource  systems
   Outcomes
   • Distinguish among the components of Total Cost of Ownership (TCO)  as related to costing purposes of standard costing for IT overhead
   • Calculate, explain and record the overhead variances in IT budget
9. Strategic Investment for IT Infrastructure
   Outcomes
   • Describe the function of a strategic investment in IT Infrastructure
   • Discuss implementation of appropriate investment
   • Calculate return on investment, residual income and economic value added, and use them to evaluate the performance of IT strategic investment
10. Review: Revisit the key learning points from the course and looks at why IT investment and cost management  can go wrong and how good cost management can prevent it.

Information & Registration:

1. Untuk keterangan selengkapnya (termasuk biaya dan jadwal pelaksanaan) silakan dilihat/unduh brosurnya di <IT Cost Management>.
2. Untuk pendaftaran silahkan download Registration Information dan kirim kembali via email atau fax setelah diisi dengan lengkap.
3. Bila membutuhkan pelatihan dalam bentuk Inhouse Training silakan download IHT Request Form dan dikirim kembali kepada kami melalui Fax/email setelah diisi dengan lengkap.
4. Anda juga dapat menghubungi langsung penyelenggaranya melalui Tel/SMS/Fax yang tercantum di brosur atau email: beproseminars<at>gmail.com