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Budget Analysis and Forecasting Training in Chennai, India
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Chennai, India

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 would like to thank the KnowledgeHut team for the overall experience. My trainer was fantastic. Trainers at KnowledgeHut are well experienced and really helpful. They completed the syllabus on time, and also helped me with real world examples.

Attended Agile and Scrum 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 am really happy with the trainer because the training session went beyond my expectations. Trainer has got in-depth knowledge and excellent communication skills. This training has actually prepared me for my future projects.

Attended Agile and Scrum workshop in May 2018

I was impressed by the way the trainer explained advanced concepts so well with examples. Everything was well organized. The customer support was very interactive.

Attended Agile and Scrum workshop in May 2018

Knowledgehut is known for the best training. I came to know about Knowledgehut through one of my friends. I liked the way they have framed the entire course. During the course, I worked on many projects and learned many things which will help me to enhance my career. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.

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

It is always great to talk about Knowledgehut. I liked the way they supported me until I got certified. I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked the way of teaching. My special thanks to the trainer for his dedication and patience.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The teaching methods followed by Knowledgehut is really unique. The best thing is that I missed a few of the topics, and even then the trainer took the pain of taking me through those topics in the next session. I really look forward to joining KnowledgeHut soon for another training session.

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 Chennai

Budgeting and Forecasting training courses in Chennai

Chennai,  situated  near  the  equator,  experiences  a  hot  climate  all  year  round.  This thriving metropolis is home to some famous universities, beaches and temples.

Tamilnadu’s  capital  Chennai  is home  to  many  corporate.  For  a  corporate,  success is  measured  not  only  by  delivering  the  project  on  time  and  satisfying  end-user requirement, but also whether the project was completed within budget. So, stringent analysis and smart forecasting become an integral part for any project. Professionals who  would  like  to enter  into the field of  budget analysis  and forecasting,  can  opt for the e-learning training  offered  by  Knowledge  Hut.  They  can  register  for  the online training of Budgeting and Forecasting training courses in Chennai, to learn about the best practices in budgeting and forecasting. 

Case studies based on real corporate scenarios used in Budgeting and Forecasting training  certification  in  Chennai gives  you  the  opportunity  to  grasp  the  fundamental budgeting  principles  and  forecasting  methods. With  this course  you  can  gain  an understanding of budget processes and improve your financial literacy. 

Most  of  the  organisations  in  Chennai  handle  projects  on  a  daily  basis.  Financial planning,  budgeting  is  a  part  and  parcel  of  any  project.  The  Forecasting  training online will equip interested candidates with a collection of tools and insights to satisfy their  professional  goals  by  attending  the online  classes. Budgeting  and  Forecasting training  certification  in  Chennai  can  also  help  in  satisfying  the  expectations  of  the employers and investors by effective budget preparation and forecasting.

A New Alternative

For  any  organisation  completing  a  project  on  time  is  not enough.  Arriving  at  a realistic  forecast  for  budget  requirements  and  ensuring  that  the  project  is  executed within  the  budget,  is  an  important  measure  of  the  success  of  a  project.  It  is mandatory  to understand  the  impact of budgeting  in  achieving organisational goals. Also,  different  budgeting  approaches,  techniques  and  methodologies  are  used  for different  types  of  industries,  scenarios  and  in  a  climate of  uncertainty.  Behavioural aspects   significantly   impact   budgeting   and   forecasting   that   in   turn   impact performance management. It’s imperative to achieve excellence in financial planning to drive the organisation forward for achieving the required goals and targets.

Keeping Ahead of the Curve

KnowledgeHut’s Budget Analysis certification courses will cover in detail the various methods and approaches used to budget and forecast for different industry types and situations.  You  will  be  able  to  value  the  importance of  budget  analysis  in  achieving the financial goal of a company. You can select to attend online classes from expert faculties and will receive a completion certification.

Knowledge Hut Empowers You

 

Our  all-inclusive  and  concentrated training is  available  at  a  reasonable price.  This coaching at KnowledgeHut will ensure that you have comprehended the intricacies of budget analysis and forecasting to apply it at your workplace.

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