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Managing Storm Expenses

Managing Storm Expenses

$300

This course will help you learn, identify and implement new cost control strategies and processes to help your organization manage the high-cost areas in your crisis response operation.

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Has discount
Access period Lifetime
Made in English
Last updated at Sat Jun 2024
Level
Intermediate
Total lectures 15
Total quizzes 0
Total duration 03:47:33 Hours
Total enrolment 1
Number of reviews 0
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Short description This course will help you learn, identify and implement new cost control strategies and processes to help your organization manage the high-cost areas in your crisis response operation.
Outcomes
  • Learn how to recognize and avoid financial waste in storm response before it happens internally, with your external resources, and with ad-hoc expenses that always arise with each new storm
  • Know how to streamline invoice reconciliation processes to reduce costs and enhance invoice mechanisms for your internal staff and external crews and contractors that reduce costs quickly and more efficiently.
  • Learn to avoid common mistakes and pitfalls that increase overall storm expenses, inefficient resource, and contractor management through better-contracting terms, ongoing planning, and period finance-focused drills and exercises.
  • Understand the importance of your back-office staff and how to streamline your overall storm related paperwork processes using proven strategies and tools used by many utilities for decades.
  • Learn strategies that you can implement within 30 days that can improve your restoration times, increase overall customer satisfaction, and improve your bottom-line storm costs.
Requirements
  • Basic Understanding of Electrical Infrastructure: Participants should have a foundational knowledge of electrical utility systems and infrastructure to comprehend the course content effectively.
  • Familiarity with Disaster Response: An understanding of disaster response protocols and procedures is necessary to apply the logistics strategies taught in the course.
  • Experience in Crisis Management or Related Fields: While not mandatory, experience in crisis management, emergency response, or a related field is beneficial to grasp the advanced concepts discussed in the course.

A new way for industry to work with state/federal government to plan for, respond to & recover from any type of regional incident, disaster, accident or disruption

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