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We may not have any package deals available including this course. If you enquire or give us a call on +44 1344 203 999 and speak to our training experts, we should be able to help you with your requirements.
Module 1: Introduction to Costing
Module 2: Introduction to Pricing
Module 3: Costing and Pricing Procedures
Module 4: Price-Reaction Programme
Module 5: Break-Even Point Formula
Module 6: Strategies of Pricing
Module 7: Absorption Costing
The Costing and Pricing Training Course is tailored for professionals who are involved in financial decision-making, product pricing, cost analysis, and ensuring overall business profitability. This course can benefit a wide range of professionals, including:
There are no formal prerequisites for this Costing and Pricing Training Course.
Costing and Pricing are fundamental aspects of financial projection and programme management. These processes are intricately connected, with price analysis focusing on vendor unit prices, while cost analysis encompasses the cost of delivering the item to the vendor, ultimately defining the suitability of the quoted price. Understanding these concepts is pivotal for professionals seeking to make informed financial decisions.
Proficiency in costing and pricing is essential for a wide range of professionals, including Project Managers, Financial Analysts, Procurement Specialists, and Business Leaders. It enables them to make strategic decisions, set competitive prices, and assess the feasibility of project costs. This knowledge is particularly valuable for individuals responsible for budgeting and financial planning within their organisations.
The Knowledge Academy's 1-day Costing and Pricing Training provides delegates with a comprehensive understanding of the various aspects of costing and pricing in business. Delegates will gain insights into different costing and pricing strategies, including setting price policies and utilising essential formulas like the Break-Even Point Formula and Absorption Costing.
Course Objectives
Upon completing this course, delegates will be well-equipped to make informed financial decisions, set competitive prices, and assess the feasibility of project costs. They will have a solid understanding of costing and pricing strategies, which will empower them to excel in their roles and contribute to effective financial planning and budget management within their organisations.
Why choose us
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Costing and Pricing Training. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.
Join a scheduled class with a live instructor and other delegates.
Engage in activities, and communicate with your trainer and peers.
We handpick from a global pool of expert trainers for our Online Instructor-led courses.
With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.
With classes running in all timezones, access any of our courses and course material from anywhere, anytime.
Unlock your potential with The Knowledge Academy's Costing and Pricing Training, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.
Experience the most sought-after learning style with The Knowledge Academy's Costing and Pricing Training. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Costing and Pricing Training sessions.
Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience
We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible
Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment
Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value
Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Costing and Pricing Training at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.
Leverage benefits offered from a certification that fits your unique business or project needs
Cut unnecessary costs and focus your entire budget on what really matters, the training.
Our Costing and Pricing Training offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings
The course know-how will help you track and evaluate your employees' progression and performance with relative ease
You won't find better value in the marketplace. If you do find a lower price, we will beat it.
Flexible delivery methods are available depending on your learning style.
Resources are included for a comprehensive learning experience.
"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"
Joshua Davies, Thames Water
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We may not have any package deals available including this course. If you enquire or give us a call on +44 1344 203 999 and speak to our training experts, we should be able to help you with your requirements.
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