Full Cost Recovery

Recovering costs is key to a sustainable budget

Overview

Full Cost Recovery means recovering the total costs of a project, service or activity, including a relevant part of overhead costs. By calculating the full costs of each project or activity, organisations can make more informed decisions about managing costs and secure funding or income to recover them. Costs must be calculated on an accurate, defensible and sustainable basis and this half-day course will show you how.

We’ll cover:

  • Direct costs
  • Overhead costs
  • Average vs. marginal costs
  • How to make cost allocations
  • Tools and templates for planning and budgeting

Benefits to you

There are many benefits for organisations in understanding full cost recovery. It enables an organisation to appreciate the exact amount of funding required and more importantly provides a clear idea of how a project, activity or service will impact on the financial sustainability of an organisation. Good financial practice will lead to more informed planning and decision making and create a more secure, sustainable future.

Course Location

Loading Map....

Location
Community360
Winsley's House, High Street,
Colchester,
Essex,
CO1 1UG

Location Notes

Central Colchester. Nearest car park is Greyfriars Car Park off Castle Road & Roman Road which is a privately run car park. For other car parks and public transport see this page. Cheapest all day car park for delegates arriving before 9am is NCP in Osbourne Street.

Date/Time
2 February 2018
10:00 am - 1:00 pm

Categories

Bookings

By submitting your booking you are agreeing to our terms and conditions. To read our terms and conditions click here.

Bookings are closed for this event.