Telco technical

& business courses

available worldwide

Telco Planning and Budgeting

non-finance, managers

available worldwide

Who Should Attend?

This training is tailored for management representatives (non-finance) who want to familiarise themselves with the principles of financial planning, control, and budgeting in Telco. It is especially useful for companies looking to establish or significantly improve their planning process as well as business and IT analysts new to the field.

Course Scope

Basics of Budgeting and Financial Control.
- Managing Financial Perspective in Telco.
- Expenditure, Cost, and Commitment – how they are reflected in the budget.
- Budgeting and KPIs (Key Performance Indicators).
- Cost, Revenue, and Profit centers in Telco – their significance and management practices.
- Budgeting – business purposes – what budgeting is for and how it ties in with management responsibilities.
- How does Budgeting Work?
- Benefits of Powerful Budgeting.
Types of Budgeting and their Applications in Telco.
- Incremental vs. Task-based Budgeting.
- Bottom-up vs. Top-down Budgeting.
- Discretionary Spending Budgeting.
- Periodic vs. Rolling Budgeting.
- Other Budgeting.
Creating a Budget.
- Connecting a Bottom-up with a Top-down Approach.
- Budgeting Process and Cycle.
- Creating Budgets in Telco – typical process.
- Linking Budget to Financials – IT support in budget creation.
Reporting Budget and Actions.
- Collecting Actual Data.
- Data Sources in Telco and Information Quality.
- IT Support for Budget Reporting.
- Allocation of Budget Numbers.
- Reporting Variance.
- Tying Budget to Action.
- Response to Changes in the Environment (technology, customer, regulatory, etc.) – Flexing the Budget.
Other Financial Planning.
- Break-even Analysis in Practice.
- Asset Planning.
- Investment Assessment – Return on Investment (ROI), Total Cost of Ownership (TCO), and Present Value (PV, NPV).
- Tying Financial Numbers Together.
Budgeting Do's and Don'ts.
- Typical Budgeting Traps.
- How to Avoid Damage from Budgeting.
- Preventing Budgeting Fiefdoms.
- Period-end Problems.
- Budgeting Overkill.
- Budget and Strategy.
- Other Traps - Discussion.
Other Aspects.
- Combined and Aggregated KPI – positive and negative aspects.
- KPI Reporting vs. System Flexibility.
- Avoiding Internal Fraud.
- Improper Usage of KPIs.

Course Objectives

This training introduces the participants to practical Telco applications of financial planning and performance. The course covers budgeting, the budgeting cycle and process, budget monitoring, and its links to management. We will discuss good budgeting practices, Telco planning and control, and share lessons learned from the industry.

Prerequisites

None. Telco management experience recommended.

Training Structure

Three-day session divided into logical components.

Methodology

Presentation and facilitated discussion.

Trainer adapted to the expectations of the audience.

Everyone gets individual attention from the trainer.

Very effective training methods.

Perfect course.

Good logical structure of the course and explanation.

Deep and detailed topic analysis.

Training was above expectations!

Excellent course and instructor.

This course will be very useful in my daily work.

Overwhelming knowledge and expertise. Interactive and enjoyable learning.

Trainer was able to answer practical questions.

Unique training covering the most important areas of my work.

Experienced trainer. Excellent descriptions.

The course covers all the impacted areas.

More than excellent course!

The training is completely excellent.

I am very impressed with the trainer's knowledge and experience.

Excellent, knowledgeable trainer, open to communication.

I received a lot of useful information which I use in my work every day.

I can proudly recommend these courses for others as well.

Trainers have passion to teach & impart knowledge.

Trainer understands local market experience.

Many different people from different operators can share their problems and ideas.

Very clear explanations.

Great teacher with deep knowledge and experience.

Regardless of technology I received theoretical and practical answers.

Very well organized training programmes.

I feel like the trainer is the best professor and mentor one can have.

Excellent methodology of teaching. Simple and easy to understand training.

Training provides useful methods to analyze real protocols.

Amazing, more than excellent, audience-oriented trainer.

A clear picture of GSM switching and signalling.

Experienced trainer. Real cases with references to recommendations.

A lot of useful materials and knowledge.

Professional, high-quality trainer.

Excellent exercises!

The trainer is capable of answering all my questions.

Good class notes and great examples.

Course covers all important issues and presents relevant examples.

The course exceeded my expectations. Hats off!

The training exceeded my expectations.

Good direct connection between course material and real problems.

The whole course was very valuable.

Highly professional trainer with lots of practical experience. Friendly and open.

Trainer understands local market experience.

The best training ever.

Excellent knowledge from the trainer.

Trainer is open for comments and discussion.

Really practical and very fruitful training.

Seminar entirely for Telecommunication operators. A lot of issues covered.

A good approach to a complex problem.