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Cost Optimization Training Course
Reduce Costs Without Compromising Excellence
Participants learn to identify cost inefficiencies, analyze value streams, and implement cost-saving initiatives across the enterprise.
This course equips you and your team with a comprehensive set of actionable cost optimization skills, techniques, methods and strategies that participants can immediately apply in today’s highly competitive, rapidly changing business environment.
Join over 300,000 business and IT professionals trained by Inteq worldwide.
What You Will Learn
- Identify and analyze cost drivers across business processes
- Apply frameworks for sustainable cost reduction
- Evaluate trade-offs among cost, quality, and performance
- Prioritize cost optimization opportunities using data-driven methods
- Implement lean and value-focused strategies
- Communicate cost-saving insights to stakeholders and leadership
Who Should Attend
- Business Analysts and Financial Analysts
- Operations and Process Improvement Leaders
- Project Managers and Strategic Planners
- Executives focused on cost reduction and value creation
- Anyone tasked with identifying and implementing cost optimization opportunities within their organization.
Course Benefits
- Reduce operational costs without sacrificing business value
- Strengthen strategic decision-making with cost-focused insights
- Enable more efficient allocation of resources
- Improve cross-functional collaboration around cost initiatives
- Position yourself as a leader in cost and value optimization
Course Format & Delivery Options
- Delivery: Live online, self-paced on-demand, or onsite
- Duration: 2 days | 16 Hours
- Certification: Certificate of Completion + CEUs
- Tools Provided: Templates, models, and frameworks for reuse
What Sets This Course Apart
- Taught by industry expert James Proctor
- This course is grounded in real-world experience and case-based learning
- Inteq’s methodology blends strategic frameworks with actionable tools that empower professionals to lead cost optimization initiatives that deliver measurable business impact.
Register Now
Take control of your organization’s costs without compromising value. For Team Training, please contact us via the Team Training side panel to discuss your specific training goals and objectives - including 3, 4 and 5-day hybrid and bootcamp training programs.
Course Outline
Framework And Key Concepts
Effectiveness, Efficiency and Value Creation
Cost Optimization vs. Cost Cutting
Organization Structure from 360○
The 5 Essential Business Analysis Questions
What is “Cost”
First Principals Thinking
Types of Costs
Components of Costs
Cost Metrics and KPIs
Workforce Cost Optimization Tactics
Workforce Optimization (10 tactics)
Compensation and Pay Structure (5 tactics)
Workforce Readiness, Training and Development (5 tactics)
Attrition and Long-Term Planning (3 tactics)
Workforce Technology and Automation (6 tactics)
Operational Cost Optimization Tactics
Processes and Lean Operations (8 tactics)
Outsourcing and Vendor Management (4 tactics)
Cost-Containment Policies (5 tactics)
Resource Management (4 Tactics)
Operational Technology and Automation (6 tactics)
Cost Optimization Case Study
Participants identify and analyze opportunities to optimize costs via a complex at-scale business process. This case study provides an invaluable template that you and your team can leverage to jump start cost optimization in your organization.
Strategy, Objectives & Opportunities
Enterprise vs. Operational Strategy
Strategy Maps & Objectives
Identifying Cost Optimization Opportunities
Business Cases & Decision Making
Components of a Business Case
Valuating and Ranking Opportunities
The Opportunity Backlog and Initiatives
Putting It all Together
Cost Optimization Roadmap
Cost Optimization Dilemmas and Paradoxes
Organizational Change Management
The Future State Organization
- Cost Optimization: Three Essential Strategies
Directly aligns with the course’s foundational framework - eliminate, automate, delegate - and is central to the strategic, value-driven approach taught in the course. - Cost Optimization Initiatives: 10 Best Practices
Reinforces the course’s practical focus by outlining proven methods to implement and sustain cost optimization efforts across business functions. - Cost Optimization vs. Cost Cutting
Clarifies a critical concept in the course—why strategic cost optimization creates value while blunt cost-cutting often causes long-term harm. - Lean: Getting Early Wins from BPM
Highlights Lean techniques and early-stage improvements that mirror the course’s emphasis on quick-win, high-impact cost efficiencies. - Unlocking Business Value Through Process Excellence
Emphasizes aligning process improvement with business value, a recurring theme throughout the training on optimizing costs without sacrificing performance.
OK, there is not a box per se, the content is digital. In addition to 2-days/16 hours of expert instruction you receive:
- Digital Badge of Completion
- Personalized Certificate of Completion
- ACCET Continuing Education Units (CEUs)
- IIBA Professional Development Units (PDUs)
- Electronic (PDF) Comprehensive Course Manual
- Case Study Materials
- Supplemental Course Materials
- Live Virtual Classroom: Instructor Led | Live Online. Inteq's innovative Live Virtual Classroom approach brings the benefits of traditional classroom training into a live virtual environment.
- Live Team Training (Virtual or Onsite): Inteq’s Business Systems Analysis 2-day training course can be tailored to your organization’s training objectives and can be combined with other Inteq courses to create a 3, 4 and 5-day hybrid training program.
- Enterprise training for the entire organization.
Bring Your Team Together For a Live High-Impact Shared Training Experience
2, 3, 4 and 5-Day
Customized Training Options
