Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
Course Title: Costing and Pricing of Utilities
Venue: ESAMI Headquarters, Arusha, TANZANIA
Learning Duration: 1 week
Starting: 18 Sep 2017 Ending: 22 Sep 2017
Fees: 1150 USD
Payment Details: to cover tuition and training materials only.
In many Sub-Saharan countries, the management of water and sanitation facilities have either been privatized or constituted into autonomous public bodies operating on the profit motive. The key challenges facing these bodies is the pricing and financial management of service delivery, with the view to meeting clients' needs more effectively and generating adequate funds for rehabilitation, modernization and expansion.
WHO SHOULD ATTEND?
Senior Executives Officers of water and sanitation organisations, Senior Executives of relevant line ministries, Directors of districts and municipal authorities.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course participants will be able to:
Apply economic analysis tools in service output determination;
Undertake cost-benefit analysis of modernization and expansion projects;
Undertake market segmentation and service differentiation;
Set objectives of rates for residential, institutional and commercial users;
Manage costs of water and sanitation distribution networks;.
Undertake profit/ volume analysis;
Conduct activity based budgeting and budgetary control;
Explain working capital management;
Prepare financial reports.
Economic analysis of supply and demand structures;
Designing and implementing service delivery charters;
Market segmentation and product differentiation;
Distribution supply and logistics management;
Alternative costing and pricing methods;
Factors to consider in actual rate setting;
Rate management and control of debtors;
Cost / volume/ profit analysis;
Cost benefit analysis of water and sanitation projects;