Standard Costing Toolkit

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Save time, empower your teams and effectively upgrade your processes with access to this practical Standard Costing Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Standard 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 Standard Costing specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Standard 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 993 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Standard Costing improvements can be made.

Examples; 10 of the 993 standard requirements:

  1. What are the incentives for the public sector to support the development of a standards based system, perhaps including a baseline information system platform?

  2. How can uncertainty be incorporated in the decision making process and, more specifIcally, how can uncertainty be propagated through detailed process models?

  3. Why is there a problem with the market outcome – information failures, market power, externalities etc – or is it an issue of equity or protecting rights?

  4. How does the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs?

  5. Does your organization coordinate with other exporters in setting prices or in determining which companies will sell to which markets?

  6. Are there multiple versions of the truth as non standard management reports are generated using a series of standalone spreadsheets?

  7. What is the most detailed way for your organization to reconcile actual overhead incurred with the amount allocated during a period?

  8. What are the major factors managers consider in choosing the capacity level to compute the budgeted fixed manufacturing cost rate?

  9. Is that the in sense that its your view that legislative standards or the regulatory standards are excessive to what is required?

  10. How relevant is it to strive for control devices according to the traditional thinking about how costs are depending on volume?


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 Standard Costing book in PDF containing 993 requirements, which criteria correspond to the criteria in...

Your Standard 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 Standard Costing Self-Assessment and Scorecard you will develop a clear picture of which Standard 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 Standard 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 Standard Costing projects with the 62 implementation resources:

  • 62 step-by-step Standard Costing Project Management Form Templates covering over 1500 Standard Costing project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Procurement Audit: Was invitation to tender to each specific contract issued after the evaluation of the indicative tenders was completed?

  2. Risk Audit: Have reasonable steps been taken to reduce the risks to acceptable levels?

  3. Schedule Management Plan: Are all activities captured and do they address all approved work scope in the Standard Costing project baseline?

  4. Schedule Management Plan: Are changes in deliverable commitments agreed to by all affected groups & individuals?

  5. Quality Management Plan: What are your organizations key processes (product, service, business, and support)?

  6. Change Request: Who has responsibility for approving and ranking changes?

  7. Activity Duration Estimates: Which would be the NEXT thing for the Standard Costing project manager to do?

  8. Schedule Management Plan: Are software metrics formally captured, analyzed and used as a basis for other Standard Costing project estimates?

  9. Responsibility Assignment Matrix: If a role has only Signing-off, or only Communicating responsibility and has no Performing, Accountable, or Monitoring responsibility, is it necessary?

  10. Closing Process Group: What were things that you did very well and want to do the same again on the next Standard Costing project?

 
Step-by-step and complete Standard Costing Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 Standard Costing project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 Standard 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 Standard 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 Standard 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 Standard 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 Standard 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 Standard Costing project with this in-depth Standard Costing Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Standard 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 Standard 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 Standard Costing investments work better.

This Standard 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.