Learn about operational expenditure (OPEX) and understand how to calculate and manage it in this detailed training by Strategic Axis.
DurationLearn about operational expenditure (OPEX) and understand how to calculate and manage it in this detailed training by Strategic Axis.
Learning Outcomes:
- OPEX is the cost that a business incurs while turning its inventory into an end product.
- OpEx is also known as operating expenditure, revenue expenditure or an operating expense.
- Expenses can range from the ink used to print documents to the wages paid to employees.
- If the Opex is too high, a company can quickly lose money
- The Internal Revenue Service (IRS) allows businesses to deduct operating expenses if the company functions to earn profit
- Much more
Strategic Axis is a leading training and consultancy firm offering effective strategic consultancy and training to ensure great success to organizations and employees.
Approach:
- Acting as a catalyst for driving and bolstering growth
- Innovation-driven and technologically enhanced Management training
This course is designed to give the participants a detailed understanding of the broad field of cost engineering and cost management. Key areas of cost management is covered by discussing the process of controlling and planning the resources
Managing costs is an important aspect of managing a company’s profitability and efficiency. During this course, we will review the various methods available to assign costs to products and services, as well as the more qualitative aspects of costing, namely quality costs and environmental costing...
This course is beneficial to any cost engineer or individual who is working in a cost control/project management environment wanting to grow and advance their knowledge of cost engineering, and fast track their career. The aim of each session is to equip delegates with practical skills and knowledg...
This is a detailed Certified Cost Professional exam preparation course. It will provide a detailed coursework and knowledge about cost management based on the varied knowledge and skills of cost engineering.
There are 4 key modules which will be covered in this workshop namely as 'cost estimation and control, basic cost engineering, project management and engineering economics. It also includes the basic overview of total cost management framewo
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