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Budgeting and Cost Management of Enterprise in the field of Investment and Innovative Activity

Major: International Economics Relations
Code of Subject: 6.292.02.E.99
Credits: 5
Department: Management and International Business
Lecturer: Ph.D., Assoc. prof. Kohut Uliana Ihorivna
Semester: 7 семестр
Mode of Study: денна
Learning outcomes:
Mastering the conceptual and categorical apparatus concerning budgeting and expense management company in the field of investment and innovation, in particular to know and understand the essence of such concepts as "management," "cost," "budgeting", "investment activity", "innovation" "innovation" and more.
2. Know and understand the stages of the process of cost management in the field of investment and innovation.
3. Ability to draw up estimates of the cost, form the main, auxiliary and special budgets of the enterprise in terms of investment and innovation.
4. Ability to identify trends in the study of business processes.
5. Ability to perform diagnostic efficiency of capital expenditure.
6. The ability to think systematically and comprehensively in the management of costs and budgeting investment and innovation.
Required prior and related subjects:
prerequisite: Management
co-requisite: Corporate social responsibility in the area of investment and innovation

Summary of the subject:
The concept and nature of expenditure, classification of costs of investment and innovation. Stages of process cost management of investment and innovation. Planning costs in investment and innovation. Place budgeting investment and innovation in the management of the company. The essence and methods of budgeting. Technology budgeting. Organizing centers of responsibility and motivation for cost savings in the area of investment and innovation. Control and regulation costs in the investment and innovation. Diagnostic tools cost in investment and innovation. Reserves reduce costs.
Recommended Books:
1. Кузьмін О.Є. Управління витратами на підприємствах: навч. посібник / О.Є. Кузьмін, О.Г. Мельник, У.І. Когут. – Львів: Видавництво Львівської політехніки, 2014. – 244 с.
2. Турило А.М., Кравчук Ю.Б., Турило А.А. Управління витратами підприємства: Навч. посібник. – К.: Центр навчальної літератури, 2006. – 120 с.
3. Основи бюджетування: навчально-метод. посібник для самостійного вивч. дисц. / [Л.П. Батенко, Т.О. Зінькевич, О.О. Кизенко та ін.]; за заг. ред. Л.П. Батенко. – К.: КНЕУ, 2010. – 202 с.
4. Майорова, Т.В. Інвестиційна діяльність: Навчальний посібник / Т В Майорова. — К.: Центр навчальної літератури, 2004. - 376 с.
Assessment methods and criteria:
- Current control (30%):
20% - performance and protection of laboratory works;
10% - performance of situational tasks, solving of problems, oral questioning;
- Final control (70%): semester control (written and oral component).