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Budget Analysis and Forecasting Training in Berlin, Germany
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Berlin, Germany

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 people 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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I liked the way KnowledgeHut framed the course structure. The trainer was really helpful and completed the syllabus on time and also provided live examples.  KnowledgeHut has got the best trainers in the education industry. Overall the session was a great experience.

Attended Certified ScrumMaster®(CSM) workshop in May 2018

I would like to thank KnowledgeHut team for the overall experience. I loved our trainer so much. Trainers at KnowledgeHut are well experienced and really helpful completed the syllabus on time, also helped me with live examples.

Attended Agile and Scrum workshop in May 2018

My special thanks to the trainer for his dedication, learned many things from him. I would also thank for the support team for their patience. It is well-organised, great work Knowledgehut team!

Attended Certified ScrumMaster®(CSM) workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, learned many things from him. KnowledgeHut is a great place to learn and earn new skills.

Attended Agile and Scrum workshop in May 2018

The workshop held at KnowledgeHut last week was very interesting. I have never come across such workshops in my career. The course materials were designed very well with all the instructions. Thanks to KnowledgeHut, looking forward to more such workshops.

Attended Certified ScrumMaster®(CSM) workshop in May 2018

The trainer took a practical session which is supporting me in my daily work. 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

The course material was designed very well. It was one of the best workshops I have ever seen in my career. Knowledgehut is a great place to learn and earn new skills. The certificate which I have received after my course helped me get a great job offer. Totally, the training session was worth investing.

Attended Agile and Scrum workshop in May 2018

My special thanks to the trainer for his dedication, learned many things from him. I liked the way they supported me until I get certified. I would like to extend my appreciation for the support given throughout the training.

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 Berlin

Budgeting and Forecasting training courses in Berlin

Berlin, the capital city of Germany has remnants of its turbulent 20th century history. The 18th-century Brandenburg Gate is a symbol of the reunification after the division during the cold war.  

The  city  that  had  to  be  rebuilt,  Berlin  is  house  to  many  corporates.  In  addition  to delivering  the  project  on  time  and  satisfying  end-user  requirement,  the  measure  of success  for  a  corporate  is  also  to  determine  whether  the  project  was  completed within budget. Therefore, major emphasis is given on smart forecasting and stringent analysis  for  all  projects. Professionals  looking  to  build  their  careers  in  budget analysis  and  forecasting,  can  opt  for  the e-learning training  offered  by  Knowledge Hut. They can join the online training of Budgeting and Forecasting training courses in Berlin, to pick up the industry best practices in budgeting and forecasting. 

Budgeting and Forecasting training certification in Berlin uses case studies based on real   corporate   scenarios   which   give   you   the   occasion   to   comprehend   the fundamental  budgeting  philosophies  and  forecasting  means. This course  will  give you the basic knowledge of budget processes and expand your financial literacy. 

Projects are a daily affair in most of Berlin’s organisations. When there are projects, financial  planning  and  budgeting  will  automatically  follow. Interested  candidates  will learn from the Forecasting training online a collection of tools and acumens to satisfy their  professional  goals  by  attending  the online  classes. Budgeting  and  Forecasting training  certification  in  Berlin  will  cover  effective  budget  preparation  and  forecasting and  that  in  turn  will  help  in  satisfying  the  expectations  of  the  employers  and investors.

A New Alternative

Completing a project on time is an important criterion for any company. However, the success of a project depends on arriving at a representative forecast for budget and warranting that the project is executed within the budget. We need to understand the influence  of  budgeting  in  realizing  organisational  goals.  Also,  multiple  budgeting approaches, methodologies and techniques are used for various types of situations, industries  and  uncertain  times.  Budgeting  and  forecasting  is  greatly  impacted  by behavioural aspects  and that has an effect on performance management. Achieving excellence  in  financial  planning  is  mandatory  to  take the  organisation  forward  to realise the organisation’s goals and vision.

Keeping Ahead of the Curve

The  variety  of  methods  and  approaches  used  for  budgeting  and  forecasting  for respective type of industry and circumstances is covered in detail in KnowledgeHut’s Budget Analysis certification courses. The importance of budget analysis in achieving the  financial  goal  of  a  company  is  the  end  product  of this  training. Expert  faculties conduct the online classes and a completion certification is given to all participants.

Knowledge Hut Empowers You

 

Our  broad  and  focused training is  available  at  a  reasonable price.  This  tutoring at KnowledgeHut  ensures   that  you   grasp  the  intricacies  of budget  analysis  and forecasting and can apply it at your workplace.

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