INTEGRATING BUDGETING, FORECASTING, AND BUSINESS PLANNING TRAINING

This Integrating Budgeting, Forecasting & Business Planning training course will provide not only the theoretical background but also the necessary skills to build world class standards into your planning, budgeting, performance measurement and reporting system. This JK Michaels Institute training course will concentrate on imparting to delegates how to learn the concepts, processes, and techniques of budgeting and business planning in order to be better able to carry out their budgeting and business planning tasks and responsibilities.If companies intend to succeeded within today’s turbulent markets, their Business Plans must be look at carefully and constantly integrated with Budgeting, Forecasting and
Cost Analysis. 

The course will provide not only the theoretical background, but also the necessary skills to build world class standards into your planning, budgeting, performance measurement and reporting system.

By combining techniques analysis, problems and examples with real case studies the training course provides delegates with key cost awareness and budgetary skills, which is essential in managing and controlling processes/projects in times of increasing global competition where the budgets are inextricably linked with both strategy formulation and cost analysis.

A budget is a short-term plan of how an organisation quantifies the operational activities required to achieve its long-term strategy. This training course will provide delegates with the skills and forecasting techniques to develop a budget as a plan, and use control budgets and analysis of variances to actual to identify areas in which financial performance may be improved.

The frustrations that executives feel with planning, budgeting and forecasting often leads to a loss of perspective. Executives forget the purpose of planning, budgeting and forecasting. They lose sight of why they plan, what a forecast is for and what they want to achieve in their day-to-day enterprise performance management. Most importantly they lose sight of the metrics that they should be monitoring and managing.

So if companies intend to succeeded within today’s turbulent markets, their Business Plans must be look at carefully and constantly integrated with Budgeting, Forecasting and Cost Analysis.

This training course will provide with the necessary skills to build world class standards into your planning, budgeting, performance measurement and reporting system. By combining techniques analysis, problems and examples with case studies,

The course will provide candidates with the skills and forecasting techniques to develop a budget as a plan, and use control budgets and analysis of variances to actual to identify areas in which financial performance may be improved.

INTEGRATING BUDGETING, FORECASTING, AND BUSINESS PLANNING TRAINING LEARNING OUTCOME

By the end of the training, participants will be able to:

• Build an integrated planning, budgeting and reporting process
• Understand costs behaviour more accurately
• Deliver more timely and useful information to decision makers
• Improve you the budgeting/financial skills required for better decision-making
• Appreciate the need to link projects within budgets

TRAINING METHODOLOGY

This training course will combine the presentation of analytical techniques, examples and case studies. Relevant worked examples will illustrate the learning points and tools and techniques in a real-world environment. Group discussion will promote exchange of experiences and ideas.

The interactive team case studies and exercises will reinforce the application of topics covered. These are supported with the help and advice of your Instructor and his extensive practical experience and knowledge of strategic planning, forecasting and budgeting. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand – our aim is for this to be an enjoyable learning experience.

JK Michaels institute also offers other posts, products and courses, including ACCOUNT PAYABLE TRAINING COURSE, ACCOUNT PAYABLES TRAINING, FINANCIAL LEAN SIX SIGMA TRAINING, and Project Management classes near me.