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Budget Analysis and Forecasting Training in Adelaide, Australia
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Adelaide, Australia

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

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Modes of Delivery

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

Our Corporate training is carefully structured to help executives keep ahead of rapidly evolving business environments.
Group Discount: 5% for 3 to 4 peoples 10% for 5 to 9 people 15% for 10+ people

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Description

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

Our three day training session teaches best practices in budgeting and forecasting, with case studies based on real case corporate scenarios. This hands-on intensive course targets professionals from financial as well as non-financial backgrounds, and helps them to grasp fundamental budgeting principles and forecasting methods, gain an understanding of budget processes, and improve their financial literacy. The course will equip candidates with a collection of tools and insights to enable them to fulfil their professional goals as well as the expectations of their companies and investors.

Get started on achieving excellence in financial planning, and drive your organization forward to achieve the required goals and targets!

On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).

What you will learn:
  • 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
You will also get:
  • 24 hours of classroom training
  • Handouts and the PowerPoint Presentation
  • Case Studies
  • On successful completion, participants will receive a participation certificate

Key Features

24 hours intensive classroom training
Learn best practices in budget analysis and forecasting
Extensive exercises to master techniques and strategies
Case Studies for real world understanding
Downloadable e-book
KnowledgeHut issued course completion certificate for better job prospects
Budget: Background
Budget and business plan
Budget and forecast
Budget and the business strategy
Budgeting process
The planning cycle
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
  • Behavioural aspects in 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.

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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 2018

Everything was well organized. I would definitely refer their courses to my peers as well. The customer support was very interactive. As a small suggestion to the trainer, it will be better if we have discussions in the end like Q&A sessions.

Attended PMP® Certification workshop in May 2018

The customer support was very interactive. The trainer took a very practical oriented session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.

Attended Agile and Scrum workshop in May 2018

The workshop was practical with lots of hands on examples which has given me the confidence to do better in my job. I learned many things in that session with live examples. The study materials are relevant and easy to understand and have been a really good support. I also liked the way the customer support team addressed every issue.

Attended PMP® Certification workshop in May 2018

This is a great course to invest in. The trainers are experienced, conduct the sessions with enthusiasm and ensure that participants are well prepared for the industry. I would like to thank my trainer for his guidance.

Attended PMP® Certification workshop in May 2018

I feel Knowledgehut is one of the best training providers. Our trainer was a very knowledgeable person who cleared all our doubts with the best examples. He was kind and cooperative. The courseware was excellent and covered all concepts. Initially, I just had a basic knowledge of the subject but now I know each and every aspect clearly and got a good job offer as well. Thanks to Knowledgehut.

Attended Agile and Scrum workshop in May 2018

KnowldgeHut's training session included everything that had been promised. The trainer was very knowledgeable and the practical sessions covered every topic. World class training from a world class institue.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked his practical way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.

Attended Certified ScrumMaster (CSM)® workshop in May 2018
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Frequently Asked Questions

Budgeting is essential for all functions of an organization and smart budgeting leads to optimum management. 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

Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets. Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive, if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets.


There are no prerequisites for this course.

Yes, this course is conducted as a virtual course. Call us for more information on the same.

On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.

You will receive 1 credit per hour of learning.

The trainers are highly qualified and certified instructors with plenty of teaching experience.

It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard,American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details:  https://www.knowledgehut.com/refund-policy

Please send in an email to support@knowledgehut.com and we will answer any queries you may have!


Budget Analysis and Forecasting Course in Adelaide

Budgeting and Forecasting training courses in Adelaide

Australian  city  Adelaide  is  made  up  of  parklands  on  river  Torrens,  elegant  colonial buildings,  universities  and  museums.  It  is the  centre for  commercial activity and  the base of the government in South Australia.

Adelaide, the government’s  base,  is home  to  many  corporate.  Timely  delivery  of  a project is by Advertise" href="#47801741"> important for any corporate. However, sticking to budget set out at the start of the project is the measure of success in addition to completing the project on time and  fulfilling  end-user  requirement.  Accordingly,  any  project  necessitates  rigorous analysis and smart forecasting. This e-learning training offered by  Knowledge Hut is for  individuals  who  would  like  to  make  their  mark in  the field  of budget  analysis  and forecasting. They can attend the online training of Budgeting and Forecasting training courses in Adelaide, to obtain the best practices in budgeting and forecasting. 

To  make  you  understand  the  fundamental  budgeting  principles  and  forecasting methods, Budgeting  and  Forecasting  training  certification  in  Adelaide  uses  real corporate  scenarios  based  case  studies. To  improve  your  financial  expertise,  you can undertake this course to gain an understanding of budget processes. 

In Adelaide, where handling projects is a regular affair for most companies, financial planning and  budgeting forms a fundamental part. You  can get an  understanding of the  collection  of  financial  tools  used  to  gratify  your professional  goals  by  attending the online  classes  of  the  Forecasting  training  online. Effective  budget  preparation and forecasting can help in fulfilling the expectations of the employers and investors by joining the Budgeting and Forecasting training certification in Adelaide.

A New Alternative

The prime goal of any company is to deliver a project on time. The  accomplishment of  a  project  is  measured  based  on  finding a  realistic  forecast for  budget  needs  and checking   that   the   project   is   performed   within   the   budget.   An   exhaustive understanding  of  the  bearing  of  budgeting  is  significant  to  achieve  organisational goals.  In  addition,  you  need  to  be  knowledgeable  about  appropriate  budgeting techniques,  approaches  and  methodologies  used  for  mixed  types  of  scenarios, industries   and   an   uncertain   situation. A   strong   expertise   of   the   influence   of behavioural  aspects  on  budgeting  and  forecasting  leading  to  an  influence on performance  management  is  needed. It’s  quite  essential  to  be  excellent  in  financial planning to take forward the organisation to attain the set goals and targets.

Keeping Ahead of the Curve

The  variety  of  methods  and  approaches  deployed  for  budgeting  and  forecasting  for various  type  of  industry  and  conditions  is  covered  satisfactorily  in  KnowledgeHut’s Budget Analysis certification courses. The end result of this training is to understand the relevance of budget analysis in achieving the financial goal of a company. Expert faculties  conduct  the online classes  and  a  completion certification  is  given  to  all participants.

Knowledge Hut Empowers You

 

Our  rigorous  and  comprehensive training is  available  at  a  reasonable price.  This coaching at  KnowledgeHut will allow  you  to  appreciate  the  intricacies  of  budget analysis and forecasting to apply it at your workplace.

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