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.

 

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The Toolkit contains the following practical and powerful enablers with new and updated Process costing specific requirements:

STEP 1: Get your bearings

Start with…

  • 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:

  1. How are equivalent units of production, unit costs, and inventory values determined using the weighted average method of process costing?

  2. How are equivalent units of production, unit costs, and inventory values determined using the FIFO method of process costing?

  3. How will the team or the process owner(s) monitor the implementation plan to see that it is working as intended?

  4. Does Process costing create potential expectations in other areas that need to be recognized and considered?

  5. How do job order and process costing systems, as well as related valuation methods, differ?

  6. Can you describe how a job-order costing system and a process costing system differ?

  7. For what reasons are equivalent units of production used in process costing?

  8. Is data collection planned and executed?

  9. Who else should we help?

  10. Are the measurements objective?

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:

  1. Team Operating Agreement: Do you prevent individuals from dominating the meeting?
  2. Project Scope Statement: What process would you recommend for creating the Process costing project scope statement?
  3. Team Operating Agreement: What types of accommodations will be formulated and put in place for sustaining the team?
  4. Procurement Audit: Was timely and equal access to contract documents and information provided to all candidates?
  5. Risk Audit: What are the commonly used work arounds in high risk areas?
  6. Probability and Impact Assessment: How solid is the Process costing projection of competitive reaction?
  7. Initiating Process Group: Do you understand the quality and control criteria that must be achieved for successful Process costing project completion?
  8. Activity Duration Estimates: How difficult will it be to complete specific activities on this Process costing project?
  9. Schedule Management Plan: Is a process defined to measure the performance of the schedule management process itself?
  10. Procurement Audit: Are all purchase orders reviewed by someone other than the individual preparing the purchase order (reasonableness of order and vendor selection)?

 
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

 

Results

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:

 

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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.

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