Cost Management

Aims of the course

- To discuss the importance of cost management in contemporary companies and other organizations.
- To know different aspects of costs considering their role in particular parts and activities of the business process.
- To know and understand different management techniques and tools related to cost management.
- To get familiar with cost management studies from Slovenia and abroad.
- To get familiar with the best cost management practices.

Course syllabus

1. The definition of cost management and its role in contemporary companies and other organizations
1.1. The contents of cost management
1.2. Cost management as a condition for survival of companies in demanding present business environment
1.3. The role of accounting in the process of cost management
2. Managerial techniques, tools and solutions in cost management
2.1. Activity based costing
2.2. Activity based management
2.3. Life-cycle costing and target costing
2.4. Other managerial concepts related to cost management
3. Strategic cost management
4. Empirical surveys in cost management in Slovenia ant in other countries
5. Best practices in cost management
5.1. Evidence from companies
5.2. Evidence from governmental and public sector

Course director(s)

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  • Office Hours
  • Wednesday at 14:00 in D110
 
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