This course is designed for those interested to learn the basics of Pareto principle and effectively target areas for cost reduction in their business as well as execute cost reduction projects while controlling schedule and budget using effective techniques.
Read more.Instructor
I’m an Engineer, an MBA, and a certified Project Management Professional (or PMP for short). Every technique I teach is something I've used myself.
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Who this course is for:
- Small business owners who need to reduce costs and want to do it in an organized, targeted and sustainable way
- New managers who have been tasked with reducing costs, perhaps for the first time
- Students with a target in mind for how much they need to reduce their costs by
What you’ll learn:Â
- How to reduce costs
- Tools to reduce costs
Requirements:Â
- Basic Excel skills
In this course, you’ll learn step by step through the tools developed to make the process of cost reduction easier and more successful. You’ll learn how to analyze your costs and identify the key areas to address for the best return investment of time and money. The basis of this is knowing how to select the right projects to reduce your costs, executing them in the right way, and measuring the results. You’ll know how to do a structured and easy to manage way so you spend your time reducing your costs, not administrating your cost reduction program.
Our Promise to You
By the end of this course, you will have learned about the Pareto principle and how it can help you reduce your business costs.
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about the Pareto principle for cost reduction.
Course Curriculum
Section 1 - Introduction | |||
Program Overview | 00:00:00 | ||
Downloadable Materials | 00:00:00 | ||
Section 2 - Analyse Your Costs | |||
The Pareto Principle In A Nutshell | 00:00:00 | ||
How To Apply The Pareto Principle | 00:00:00 | ||
The Best Way To Generate Excellent Cost Reduction Ideas | 00:00:00 | ||
Brainstorming For One | 00:00:00 | ||
Section 3 - Select Projects | |||
How To Select The Best Projects | 00:00:00 | ||
The Simple Way To Set The Budget | 00:00:00 | ||
The Easy Way To Analyze Your Return | 00:00:00 | ||
Simple Schedule Estimating | 00:00:00 | ||
How To Use A Project Screening Tool | 00:00:00 | ||
Section 4 - Project Charter | |||
Why Most Projects Fail | 00:00:00 | ||
How To Write Great Project Charters | 00:00:00 | ||
How To Write Clear Problem Statements | 00:00:00 | ||
How To Set A Scope | 00:00:00 | ||
The Key Roles In A Project | 00:00:00 | ||
Risk Within A Project | 00:00:00 | ||
Change Control | 00:00:00 | ||
How To Use A Project Charter Tool | 00:00:00 | ||
Section 5 - Run Projects | |||
The 6 Areas Experts Focus On To Solve Any Problem | 00:00:00 | ||
The Art Of The 5 Why’s Approach | 00:00:00 | ||
The “So That…” Check | 00:00:00 | ||
How To Use A Problem Solver Tool | 00:00:00 | ||
Creating A Solid Action List | 00:00:00 | ||
Creating A Schedule | 00:00:00 | ||
Running The Project | 00:00:00 | ||
How To Use A Standard Tool To Run Projects | 00:00:00 | ||
Section 6 - Monitor Costs | |||
Why It’s So important To Monitor The Project Results | 00:00:00 | ||
The Little Understood Benefit Of Making Your Results Visible | 00:00:00 | ||
Using A Results Tracking Tool | 00:00:00 | ||
How To Roll It All Up | 00:00:00 | ||
Section 7 - Rinse And Repeat | |||
Compounding Your Cost Reductions | 00:00:00 | ||
How To Cascade The Process Across Your Cost Structure | 00:00:00 | ||
Bonus Tips | 00:00:00 |