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.
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:
Key Learning Outcomes:
Equip Global is the trusted global provider of business intelligence through conferences and trainings to the world’s leading businesses, governments and institutions.
Our scale, scope, knowledge and reach allow us to put together conferences and trainings which address our clients’ problems that no one else can. Using our deep functional and industry expertise, strong connections across industries as well as breadth of geographical reach, our conferences and trainings constantly help our clients transform into sharper, smarter and more efficient enterprises.
Our expertise
Equip Global provides industry conferences, in-house and corporate trainings across all types of industries including:
Oil & Gas
Construction
Energy & Utilities
Pharmaceutical
Shared Services
Banking & Finance
Human Resources
Infrastructure
Transport
Healthcare
Legal
Supply Chain
Technology
Telecoms
The Equip Global Team consists of well-connected analysts, researchers and consultants across industries we are active in. We are familiar with the ins and outs of every industry and geographical region we operate in, have the uncanny ability of developing solutions that help our clients overcome their business challenges and bring experts from around Equip Global and our external network of domain experts to each conference or training we provide.
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.
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.
Gaining insights into the cost-volume-profit relationships enable managers to make better scare resources allocation decisions, plan activities, control costs and evaluate performance.
In this unpredictable and erratic business environment, organizations need to harness its financial forecasting and models to futureproof their future financial health and performance to weather any unexpected setbacks.
This workshop focuses on the skills to manage the budgeting and forecasting processes that are critical to enterprises large and small.
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