Oil & Gas Budgeting And Forecasting Modelling

by Equip Global Claim Listing

To stay on top, companies must constantly re-examine the budgeting and forecasting models they use in their decision making processes to ensure they are up-to date and incorporate the latest in budgeting and forecasting best practices.

Price : Enquire Now

Contact the Institutes

Fill this form

Advertisement

Equip Global Logo

img Duration

3 Days

Course Details

To stay on top, companies must constantly re-examine the budgeting and forecasting models they use in their decision making processes to ensure they are up-to date and incorporate the latest in budgeting and forecasting best practices.

Is there an opportunity to expand take advantage of a weaker competitor? Where can costs be optimised? How does a drop of 10% in oil price affects your profit? To support all these decisions, sound budgeting and forecasting is essential.

This 3-day course provides participants with an understanding of both the principles of budgeting and forecasting and the practical application of these to real-world situations through the use of Excel. It then builds upon the principles and practices learned to apply these to build sophisticated budgets and forecasts that are robust, flexible and user-friendly.

 

Outcomes:

  • Ways to improve efficiencies in the budgeting and forecasting processes by gaining valuable skills in advanced Excel functions
  • How to allow for uncertainty and model different business scenarios?
  • How to apply a sound methodology that will allow complex Budget and Forecast models that are flexible, robust and user-friendly?
  • Advanced ways of analyzing data to determine trends and using these to forecast future performance
  • Utilize external data to enhance the accuracy of forecasts
  • Alternate budget methodologies and how to determine which methodology applies best in different situations
  • Ways to use the advanced features of Excel to optimize models and achieve maximum efficiency within constraints

 

Key Learning Outcomes:

  • Discover a range of techniques to improve the usability and reliability of your budget and forecast models.
  • Learn how to integrate budgeting and forecasting and align these processes with your business strategy.
  • Create forecasts that properly incorporate imprecise data and allow for uncertainties.
  • Gain the confidence that comes from knowing that your budgets and forecasts are robust, accurate, and reliable
  • Central Branch

    16-02 North Bridge Rd, Central

Check out more Project Cost Management courses in Singapore

The Institute of Singapore Chartered Accountants Logo

WSQ Develop And Establish Financial Budget And Plans (WD008)

This 2-day course is designed to discuss the main features of determining financial needs, formulating financial plans, establishing resource allocation, reviewing financial forecasts and budgets, as well as monitoring the budget and reporting findings to relevant stakeholders.

by The Institute of Singapore Chartered Accountants [Claim Listing ]
  • Price
  • Start Date
  • Duration
Singapore Institute of Surveyors and Valuers Logo

Certificate in Cost Management & Estimating

The design and construction of building projects is highly complex and demanding process involving multiple disciplines such as architecture, civil and structural engineering, mechanical and electrical engineering, quantity surveying and construction.

by Singapore Institute of Surveyors and Valuers [Claim Listing ]
Raja’s Commercial College (RCC) Logo

Financial Budgeting and Control

SMART Financial Budgeting and Control is a two-day workshop where learners will be able to grasp in-depth understanding of Budgeting Concepts and Methodology surrounding cost management and budgeting.

by Raja’s Commercial College (RCC) [Claim Listing ]
Nanyang Technological University Logo

Project Budget and Cost Management

This course introduces concepts of project cost management and budget control and aims to develop a comprehensive understanding of how principles, methods, and tools of the management of project costing, budget management and cost control are applied in the management of projects.

by Nanyang Technological University [Claim Listing ]
  • Price
  • Start Date
  • Duration
Institute of Singapore Chartered Accountants (ISCA) Logo

BF299 : Budgeting – What You Need To Know

Many managers and executives have the responsibility of preparing and monitoring a business budget for their team or department. Therefore, it is important for them to understand the different types of budgets and budgeting considerations.

by Institute of Singapore Chartered Accountants (ISCA) [Claim Listing ]
  • Price
  • Start Date
  • Duration

© 2024 coursetakers.com All Rights Reserved. Terms and Conditions of use | Privacy Policy