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Security Financial Planning and Optimization (Classroom, 3 days)


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About

The number of threats to aviation continue to increase and at the same time, these threats are evolving. To keep ahead of the threats, aviation security regulations are advancing, bringing associated cost implications. Security Managers are faced with the dual challenge to cost the impact of these changes and to improve response to these threats.

Practical simulations and exercises during this 3-day course will equip you to plan your organization’s finances to maintain compliance and high standards to address new regulations and effectively optimize your security and protection costs. Using a business case approach - from regulation to balance sheet - you will be guided through a security risk assessment and compliance evaluation, and learn how to use financial planning techniques to help authorities, airport, airline, and security providers face the new challenges of regulatory compliance within financial limitations.

This course is available at IATA Training Centers, Regional Training Partner locations, and on-demand as in-company training.

Course format

  • This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
  • Student performance will be based on an examination

Prerequisites

  • There are no prerequisites for this course
  • Recommended level is Management and Professional
  • The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or equivalent for other languages.

Next class

Nov 20 - Nov 22, 2017 - United States, Miami (IATA)
Register
2 additional classes are scheduled. See all

What you will learn

Upon completion of this course you will be able to:

  • Prepare and analyse compliance reports
  • Understand security cost methodology
  • Calculate capital and operational expenses
  • Calculate the cost of compliance
  • Develop a report presentation / executive briefing

Course content

  • Regulatory compliance standards for security financing and security cost methodology
  • Screening technologies and preparing a request for proposal (RFP)
  • Calculating labor costs
  • Outsourcing of security services
  • Role of financial records in a security audit
  • Calculation of cost benefit analysis
  • Preparing an impact analysis

Download the course outline

Activities

  • Converting security audit reports into financial planning tools
  • Evaluating staffing requirements for compliance and calculation of labor cost
  • Preparing security equipment schedules and calculation of capital allowances
  • Cost benefit analysis and impact analysis reports for senior management

Who should attend

This course is recommended for:

  • Airline security managers
  • Airport security managers

Certificate awarded

An IATA Certificate of Completion is awarded to participants obtaining a grade of 80% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.

This course is a step toward earning an IATA Diploma in:

Additional information

About IATA Classroom Training
We train more than 10,000 aviation professionals annually through our global network of IATA Training Centers, Regional Training Partners, and in private in-company sessions. Our 200+ classroom courses are developed using IATA’s unique industry insight and delivered by IATA Instructors, experts in their fields. More

Further training
Graduates of this course can apply for the Harvard ManageMentor© (HMM) distance learning program at a special graduate price.

Subject areas

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