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Activity Modeling (IDEF0 & ABC/M)

Course Code:       MHC-111 Delivery Type:   Classroom
Course Length :   4 Days Price:                $795.00

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 course 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 or Commercial Activities review. The course provides a solid foundation for anyone involved in, or interested in, the design, implementation, or application of Process/Activity Based Management systems. The course does not require a financial or accounting background.
 
How You Will Benefit

  • Use IDEF0 and ABC to analyze core business processes.
  • Understand the role of IDEF0 Activity Modeling in building ABC Models.
  • Learn to use software tools to enhance IDEF0/ABC Modeling creation (KBSI AI0Win & ABC Technologies ABC Oros Quick or KBSI's Smart ABC).
  • Learn the basics of conducting an IDEF0/ABC study.
  • Learn how you can participate as a member of a multidisciplinary ABC team.
  • Exercises will provide a "hands-on experience" in developing and analyzing Activity Models.

 
What You Will Cover

  • An Overview of Activity Modeling.
  • Using IDEF0 to define an organization's activities.
  • Participate in Case Study using actual IDEF0 software (KBSI AI0Win).
  • An Overview of Managerial Accounting.
  • The Principles of Activity Based Costing (ABC).
  • Participate in Case Study using actual ABC/M software (ABC Technologies ABC/M Oros Quick or KBSI's Smart ABC).

 
 
 
   

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