Save time, empower your teams and effectively upgrade your processes with access to this practical Process costing Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Process costing related project.
Download the Toolkit and in Three Steps you will be guided from idea to implementation results.
The Toolkit contains the following practical and powerful enablers with new and updated Process costing specific requirements:
STEP 1: Get your bearings
- The latest quick edition of the Process costing Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…
- Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation
Then find your goals…
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 708 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Process costing improvements can be made.
Examples; 10 of the 708 standard requirements:
- How are equivalent units of production, unit costs, and inventory values determined using the weighted average method of process costing?
- How are equivalent units of production, unit costs, and inventory values determined using the FIFO method of process costing?
- How do job order and process costing systems, as well as related valuation methods, differ?
- Can you describe how a job-order costing system and a process costing system differ?
- For what reasons are equivalent units of production used in process costing?
- What happens when a new employee joins the organization?
- How can we become the company that would put us out of business?
- Is the solution technically practical?
- What threat is Process costing addressing?
- Is performance measured?
Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:
- The workbook is the latest in-depth complete edition of the Process costing book in PDF containing 708 requirements, which criteria correspond to the criteria in…
Your Process costing self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:
- The Self-Assessment Excel Dashboard; with the Process costing Self-Assessment and Scorecard you will develop a clear picture of which Process costing areas need attention, which requirements you should focus on and who will be responsible for them:
- Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
- Gives you a professional Dashboard to guide and perform a thorough Process costing Self-Assessment
- Is secure: Ensures offline data protection of your Self-Assessment results
- Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Process costing projects with the 62 implementation resources:
- 62 step-by-step Process costing Project Management Form Templates covering over 6000 Process costing project requirements and success criteria:
Examples; 10 of the check box criteria:
- Cost Management Plan: The definition of the Process costing project scope what needs to be accomplished?
- Procurement Audit: Is a cash flow chart prepared and used in determining the timing and term of investments?
- Probability and Impact Assessment: Do benefits and chances of success outweigh potential damage if success is not attained?
- Network Diagram: What is the probability of completing the Process costing project in less that xx days?
- Source Selection Criteria: How can the methods of publicizing the buy be tailored to yield more effective price competition?
- Procurement Audit: Does procurement staff have recognised professional procurement qualifications or sufficient training?
- Responsibility Assignment Matrix: Are the WBS and organizational levels for application of the Process costing projected overhead costs identified?
- Network Diagram: What must be completed before an activity can be started?
- Scope Management Plan: Are the schedule estimates reasonable given the Process costing project?
- Quality Audit: Are all complaints involving the possible failure of a device, labeling, or packaging to meet any of its specifications reviewed, evaluated, and investigated?
Step-by-step and complete Process costing Project Management Forms and Templates including check box criteria and templates.
1.0 Initiating Process Group:
- 1.1 Process costing project Charter
- 1.2 Stakeholder Register
- 1.3 Stakeholder Analysis Matrix
2.0 Planning Process Group:
- 2.1 Process costing project Management Plan
- 2.2 Scope Management Plan
- 2.3 Requirements Management Plan
- 2.4 Requirements Documentation
- 2.5 Requirements Traceability Matrix
- 2.6 Process costing project Scope Statement
- 2.7 Assumption and Constraint Log
- 2.8 Work Breakdown Structure
- 2.9 WBS Dictionary
- 2.10 Schedule Management Plan
- 2.11 Activity List
- 2.12 Activity Attributes
- 2.13 Milestone List
- 2.14 Network Diagram
- 2.15 Activity Resource Requirements
- 2.16 Resource Breakdown Structure
- 2.17 Activity Duration Estimates
- 2.18 Duration Estimating Worksheet
- 2.19 Process costing project Schedule
- 2.20 Cost Management Plan
- 2.21 Activity Cost Estimates
- 2.22 Cost Estimating Worksheet
- 2.23 Cost Baseline
- 2.24 Quality Management Plan
- 2.25 Quality Metrics
- 2.26 Process Improvement Plan
- 2.27 Responsibility Assignment Matrix
- 2.28 Roles and Responsibilities
- 2.29 Human Resource Management Plan
- 2.30 Communications Management Plan
- 2.31 Risk Management Plan
- 2.32 Risk Register
- 2.33 Probability and Impact Assessment
- 2.34 Probability and Impact Matrix
- 2.35 Risk Data Sheet
- 2.36 Procurement Management Plan
- 2.37 Source Selection Criteria
- 2.38 Stakeholder Management Plan
- 2.39 Change Management Plan
3.0 Executing Process Group:
- 3.1 Team Member Status Report
- 3.2 Change Request
- 3.3 Change Log
- 3.4 Decision Log
- 3.5 Quality Audit
- 3.6 Team Directory
- 3.7 Team Operating Agreement
- 3.8 Team Performance Assessment
- 3.9 Team Member Performance Assessment
- 3.10 Issue Log
4.0 Monitoring and Controlling Process Group:
- 4.1 Process costing project Performance Report
- 4.2 Variance Analysis
- 4.3 Earned Value Status
- 4.4 Risk Audit
- 4.5 Contractor Status Report
- 4.6 Formal Acceptance
5.0 Closing Process Group:
- 5.1 Procurement Audit
- 5.2 Contract Close-Out
- 5.3 Process costing project or Phase Close-Out
- 5.4 Lessons Learned
With this Three Step process you will have all the tools you need for any Process costing project with this in-depth Process costing Toolkit.
In using the Toolkit you will be better able to:
- Diagnose Process costing projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
- Implement evidence-based best practice strategies aligned with overall goals
- Integrate recent advances in Process costing and put process design strategies into practice according to best practice guidelines
Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.
Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, ‘What are we really trying to accomplish here? And is there a different way to look at it?’
This Toolkit empowers people to do just that – whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc… – they are the people who rule the future. They are the person who asks the right questions to make Process costing investments work better.
This Process costing All-Inclusive Toolkit enables You to be that person:
Includes lifetime updates
Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.