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IDEF Fundamentals/Activity Based Cost Modeling Workshop (Advanced II)

Course Code:       MHC-103W5AII Delivery Type:   Classroom
Course Length :   5 Days Price:                Onsite only

IDEF0 Modeling is a structured activity modeling technique focused on defining the various decisions made and activities performed in the creation of an organization's products or services. It is essential in understanding "What" work is being done in the organization, versus "How" that work is performed. IDEF0 Model analysis aids an organization in determining what activities it should, and should not, be doing, thus focusing it on the "Right Things".

Activity Based Costing (ABC) is a management accounting system that accurately links the cost of products and services offered to customers with the consumption of valuable organizational resources. Using conventional government accounting systems, you will never (unless by luck) accurately identify the costs of your products and services or the cost of the activities that produce them. ABC is an essential technique in understanding the true costs of your business processes and how to make them more cost-effective.
Who Should Attend

This workshop is designed to provide the student an understanding of how Activity Modeling and Activity Based Costing/Management is applied to an organization as part of developing an integrated performance management system. Activity Modeling and Activity Based Costing are also critical in determining the cost of activities during a reengineering effort, functionality assessment or Commercial Activities review. The workshop provides a solid foundation for anyone involved in, or interested in, the design, implementation, or application of Process/Activity Based Management systems. The workshop does not require a financial or accounting background.
How You Will Benefit

  • Learn how to refine complex IDEF0 Activity Models.
  • Learn advanced analysis techniques to identify value-added and non-value added activities.
  • Accurately develop a cost for activities.
  • Exercises will provide a "hands-on experience" in developing and analyzing Activity Models.
  • Participate in case study to apply the learned skills (case study will consist of the organization's current process modeling & ABC modeling effort).

What You Will Cover

  • Refinement of Case Study IDEF0 and ABC models.
  • Use of KBSI's AI0Win Process Modeling Software.
  • Fully document IDEF0 and ABC models.
  • Build analysis report.


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