Lesson details


   


Voir la fiche établissement

Management Planning

2017-2018

INSTITUT DES STRATÉGIES ET TECHNIQUES DE COMMUNICATION ( ISTC )

Class code :

1718-ISTC-L3S1-UE16-ANA

UE16


Level Year Period Language of instruction 
Bachelor3S1French
Academic responsibilityL.ORIGI
Lecturer(s)-


Prerequisites

Fully understanding basic administration vocabulary, being proficient in VAT calculations.

Learning outcomes

Decision-making is largely based on business forecasts for future periods. A budget is a numerical representation of the goals set by a company’s management. It ranges from simply setting aside a sum to fund a specific operation (budgeting for a project), to a larger, more formalised budgeting process carried out for the entire company.

The aim of this course is to present both the tools required for 3rd-year students’ projects (PERT networks, event budget – the latter was already studied in 1st year) and the budgeting process, from business forecasts all the way to the cash flow budget. Intermediate stages are not studied in detail.

Course description

Topic 1: PERT NETWORKS
• Why Gantt charts are not enough for complex projects
• How to create a PERT network: creating the network, calculating the earliest and latest dates, critical path, calculating the maximum delays for each task (free float, total float)
• Impact of modifications (adding a task, extending a duration, etc.) on project organisation

Topic 2: SALES BUDGET
• Measuring the correlation between 2 phenomena (linear correlation coefficient) and looking for a linear regression line through the method of least squares (using a calculator's features)
• Integrating seasonal variations (calculating seasonal indexes) into the forecast

Topic 3: CASH FLOW BUDGET
• Introducing the budgeting procedure (series of budgets)
• Creating intermediate budgets (purchases budget, sales budget, VAT budget, income budget, expense budget) and a cash flow budget
• Remarks about budgets & advice for entrepreneurs


Class type

Class structure

Type of courseNumbers of hoursComments
Independent study
Travail personnel indicatif30,00  
Face to face
15,00  
Total student workload45,00  

Lecture, practical exercises, videos and exercise answers on the teacher's website.

Teaching methods

  • Lecture
  • Tutorial
  • Interactive class
  • Exercises


Assessment

Type of controlDurationNumberPercentage break-down
Continuous assessment
2,00140,00
Final Exam
2,00160,00
TOTAL     100,00




 
* This information is non-binding and can be subject to change
 
 
Vidéo : Un campus à vivre
Notre chaîne Youtube