Budgeting and Forecasting

Duration: 5 Days

Course Overview

Prepare and implement budgets based on industry best practice.

How can I attend my course?

On-line from
your chosen location

At our dedicated
training facility

On-site at
your premises

Target Audience

This Course is valuable for Project Managers, Business Analysts, Managers and Team Leaders who need to prepare and implement budgets based on industry best practice.

COURSE OBJECTIVES

This program teaches you how to:
• Plan and design a budget
• Implement a budget
• Control and monitor a budget
• Learn from budgetary outcomes
• Adopt best practices

Course Content

Course Structure

The course is structured and focused on understanding how companies can prepare and implement budgets based on industry best practice.

Each module is underpinned by workshop-based, real-world case studies. The overall approach is geared towards facilitating and divulging information and skills relevant to the practical needs of the attendees, and includes the following topics:
• The Organisational Planning Process
• Understanding Budgeting Perspectives
• Identifying Budgetary Constraints and Relationships
• Using Budgetary Tools
• Appreciating Alternative Budgeting Approaches
• Application of Quantitative Techniques to Sales and Cost Estimation
• Master and Sub-budgets and their interdependence
• Devising Income, Opex and Capex budgets
• Practical Techniques for Implementing the budget
• Monitoring and Reporting Performance against Plan
• Understanding and Evaluation Variances
• Adjusting/ correcting operational activity and reacting to economic and business changes

You will receive a full set of course notes
and all supporting materials for your course.

Hard Copy Delivered to your premises or Downloaded to a chosen device.