Effective Budgeting and Operational Cost Control
Alessio Faccia Overview:
The session provides practical methods to build, monitor, and adjust budgets with a direct link to business value. Participants will examine cost structures, forecasting approaches, and decision frameworks used in both public and private sectors. Case references will highlight operational risks, inefficiencies, and financial optimisation techniques.
Why you should Attend:
Without mastering budgeting and cost control, organisations risk financial leaks, project overruns, and strategic paralysis. Unchecked costs create uncertainty in cash flow and fuel doubts about long-term competitiveness.
Areas Covered in the Session:
- Building effective budget frameworks aligned with strategy
- Forecasting models and variance analysis
- Identifying and addressing cost inefficiencies
- Linking cost control to performance indicators
- Risk and compliance considerations in budgeting
- Real examples from public finance, corporates, and energy sectors
Who Will Benefit:
- Chief Financial Officers
- Finance Managers
- Auditors
- Project Managers
- Budget Officers
- Procurement Executives
Speaker Profile
Dr Alessio Faccia is an Auditor, Chartered Accountant, CFO, Advisor, and Corporate Trainer with more than 20 years of professional practice and 15 years of academic teaching. He is Assistant Professor in Finance at the University of Birmingham, Dubai Campus, and author of several books including AI in Fraud Analytics and Audit: Probabilistic Machines in Deterministic Systems. His expertise covers fraud examination, AI in finance, corporate governance, and forensic accounting. He has trained executives at central banks, ministries, and corporates across Europe, the Middle East, and Africa, and is a member of ACFE, ACAMS, ISACA, and other leading professional bodies