Budget Analysis and Forecasting Training

Master budgeting principles & forecasting methods with KnowledgeHut

  • Master the skills required to perform effective budgeting 
  • Gain skills to forecast during uncertainties 
  • Achieve excellence in financial planning 
  • 400,000 + Professionals trained
  • 250 + Workshops every month
  • 100 + Countries and counting

Master Effective Budgeting Skills

For a project to be successful, careful planning and budgeting are of critical importance. Even if a project is delivered on time and meets the end-user requirements, it is considered a failure when it overshoots the budget. Hence, stringent analysis and smart forecasting are very important for the meticulous management of budgets.

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Highlights

  • 24-hours of Live Instructor-Led Online Training   

  • Experiential learning with Case studies

  • Real-World Simulations, Case Studies

  • Credential fee is included in course fee    

  • Get downloadable copy of courseware   

  • Course completion certificate

The KnowledgeHut Edge

Experiential Workshops

Learn through numerous activities, team-based exercises, practical case studies, and hands-on learning. 

Learn from Industry Experts

Engage directly with certified instructors who are also industry experts.

Advanced Curriculum

Acquire skills and master all concepts with the latest and the most updated curriculum.  

Practical Training

Learn with the help of practical case studies, hands-on exercises, and guided coding practice.

Build a Strong Foundation

Learn concepts by learning practically through step-by-step guidance and detailed feedback. 

Continual Learning Support

Get access to unlimited webinars, e-books, tutorials, articles, and interview questions. 

Prerequisites

Prerequisites for Budget Analysis and Forecasting Training

There are no prerequisites for this course. 

Who should attend Budget Analysis and Forecasting Training?

Accounts & Finance Department

Marketing department

Operations Department

Business Analysts

Admin & Secretarial Professionals

IT Support & Services Department

Professionals interested in improving their knowledge of Budgeting and Forecasting

Budget Analysis and Forecasting Schedules

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Request a Batch

What you will learn

Impact of Budgeting

Get a greater understanding of the impact of budgeting in achieving your organizational goals. 

Budgeting Techniques

Learn and understand the different budgeting techniques, approaches, and methodologies applicable to different industries and scenarios.

Importance of Budgeting

Gain knowledge about the importance of budgeting during uncertainty. 

Importance of Forecasting

Learn why budgeting and forecasting are interlinked and learn techniques to avoid risks through forecasting in a climate of uncertainty. 

Behavioral Aspects

Get knowledge of the significance of the behavioral aspects in budgeting and forecasting 

Effective Budgeting

An awareness of the techniques and methodologies for effective budgeting, and its impact on performance management 

Transform Your Workforce

Build Effective Budgeting Strategies

Help your teams build effective budgeting strategies and help them gain ways to forecast uncertainties.  

  • Deliver best practices and most up-to-date tools. 
  • Align skill development with your business objectives. 
  • Leverage KnowledgeHut's Immersive Learning approach. 
  • Get in touch for customized corporate training programs. 

500+ Clients

  • Budget: Background 
  • Budget and business plan 
  • Budget and forecast 
  • Budget and the business strategy 
  • Budgeting process 
  • The planning cycles 
  • Potential problems 
  • Developing budgets 
  • From operational budgets to financial budgets 
  • Process/steps 
  • Types of budgets 
  • Fixed 
  • Flexed 
  • Rolling 
  • Methods of budgeting 
  • Incremental 
  • Zero based budgeting 
  • Approaches to budgeting 
  • Top down 
  • Bottom up 
  • Iterative 
  • Activity orientated 
  • Task orientated 
  • Planning programming budgeting system 
  • Behavioral aspects of budgeting 
  • Forecasting versus budgeting 
  • Process flow of an organization 
  • Gathering information 
  • Anticipating and budgeting for revenues 
  • Estimating expenditure 
  • Understanding costs 
  • Operational budgets 
  • Sales 
  • Production 
  • Raw Materials 
  • Labour 
  • Financial budgets 
  • Statement of financial performance 
  • Statement of financial position 
  • Statement of cash flows 
  • Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course. 

Budget Analysis and Forecasting FAQs

Budgeting Analysis and Forecasting Training

There are no prerequisites for the Budgeting and forecasting course. 

Professionals from different levels of the following departments can attend this workshop:  

  • Accounts & Finance Department 
  • Marketing department 
  • Operations Department 
  • Business Analysts 
  • Admin & Secretarial Professionals 
  • IT Support & Services Department 
  • Professionals interested in improving their knowledge of Budgeting and Forecasting 

After finishing the Budgeting and Forecasting Training, you will have: 

  • A greater understanding of the impact of budgeting in achieving your organizational goals 
  • An understanding of the different budgeting techniques, approaches and methodologies applicable to different industries and scenarios 
  • An understanding of the importance of budgeting and forecasting in a climate of uncertainty 
  • Knowledge of the significance of the behavioral aspects in budgeting and forecasting 
  • An awareness of the techniques and methodologies for effective budgeting, and its impact on performance management 

Workshop Experience

The Budgeting Analysis and Forecasting workshop at KnowledgeHut is delivered through an immersive learning experience platform, via live and interactive instructor-led training sessions.  

Listen, learn, ask questions, and get all your doubts clarified from your instructor, who is an experienced practitioner.  

The instructors of this course by KnowledgeHut are industry experts and trainers who themselves have Agile certifications and are a part of organizations actively practicing Agile.  

Our course focuses on engaging interaction. Most class time is dedicated to fun exercises, lively discussions, and team collaboration - all facilitated by the trainer. The focus is on practical solutions to real-world challenges drawn from decades of experience as Agile coaches, and leaders in Agile environments.  

Yes, your course material will be provided in advance. You will receive an email with a link to set your password a few days in advance of the scheduled course. You will have access to the study plan and all the course material.  

The course material comprises of the course schedule or study plan, workbooks and all relevant assignments, assessments, or case studies.  

The sessions would be auto recorded on our LMS, subject to permission by the instructor. Based on the permissions, you would have lifetime access to the video recordings of the sessions as well. 

No, you will not yet be able to join the training through phone or tab. Please be prepared to join the training on your laptop or desktop.  

If you miss a class, you can access the recordings of the sessions, provided that the instructor has permitted recordings. At the beginning of every session, there will also be a 10-12-minute recapitulation of the previous class.   

This is an instructor-led live training workshop. 

We currently use the Zoom platform for video conferencing and will soon be adding more integrations with Webex and Microsoft Teams. However, all the sessions and the recordings will be available right from within our learning platform. Learners will not need to wait for any notifications or links or install any additional software.  

Should you have any more questions, please email us on support@knowledgehut.com and we will be happy to get back to you.  

What learners are saying

M
Matt Davis Senior Developer
5

The learning methodology put it all together for me. I ended up attempting projects I’ve never done before and never thought I could.

Attended Full-Stack Development Bootcamp workshop in July 2022

D
Daiv D Souza Senior Developer
5

The learning methodology put it all together for me. I ended up attempting projects I’ve never done before and never thought I could. 

Attended Front-End Development Bootcamp workshop in July 2021

A
Amanda H Senior Back-End Developer
5

You can go from nothing to simply get a grip on the everything as you proceed to begin executing immediately. I know this from direct experience! 

Attended Back-End Development Bootcamp workshop in June 2021

E
Emma Smith Back End Engineer
5

KnowledgrHut’s Back-End Developer Bootcamp helped me acquire all the skills I require. The learn-by-doing method helped me gain work-like experience and helped me work on various projects. 

Attended Back-End Development Bootcamp workshop in May 2021

R
Rubetta Pai Front End Developer
5

I am glad to have attended KnowledgeHut's training program. Really I should thank my friend for referring me here. I was impressed with the trainer who explained advanced concepts thoroughly and with relevant examples. Everything was well organized. I would definitely refer some of their courses to my peers as well.

Attended PMP® Certification workshop in May 2020

L
Lauritz Behan Computer Network Architect.
5

Overall, the training session at KnowledgeHut was a great experience. I learnt many things. I especially appreciate the fact that KnowledgeHut offers so many modes of learning and I was able to choose what suited me best. My trainer covered all the topics with live examples. I'm glad that I invested in this training.

Attended PMP® Certification workshop in May 2020

G
Garek Bavaro Information Systems Manager
5

Knowledgehut is among the best training providers in the market with highly qualified and experienced trainers. The course covered all the topics with live examples. Overall the training session was a great experience.

Attended Agile and Scrum workshop in February 2020

M
Matteo Vanderlaan System Architect
5

I was totally impressed by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. The training session gave me the confidence to do better in my job.

Attended Certified ScrumMaster (CSM)® workshop in January 2020

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