Integrating Budgeting, Forecasting & Business Planning

Introduction

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 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.

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.

This GLOMACS training course will feature:

• Budgets and Strategy in Today’s International Environment
• The Business Plan and Budget Development
• Analysing the Applicability of Historical Data Using Excel®
• Using Activity-Based Budgeting and Cost Analysis Techniques
• Capital Budgeting and Project Appraisal

Objectives

By the end of this training course, 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 utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This will include presentations delivered in a highly participative style with discussion, practical exercises and team-based case studies.

The training course will provide the practical tools and techniques necessary for the development of budgets, forecasts and business plans. It will provide a real-world practical context by incorporating worked examples, and Excel© models so that you will see how theory applies in practice and discuss the various issues raised.