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Budget Analysis and Forecasting Training in Hong Kong, Hong Kong

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

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Modes of Delivery

Classroom

Our classroom training provides you the opportunity to interact with instructors face-to-face.

Online Classroom

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

From HKD 6999 HKD 5449 (6 Days)

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.

Our Students See All

I am so glad that I attended “Certified Scrum Master (CSM®) Training/Workshop” organized by KnowledgeHut! on 5th and 6th Dec 2017. Trainer was excellent and Fantastic, who has proven that he has expertise with strong knowledge on the Agile Practice. The trainer does an excellent job of incorporating everyone’s experience. Strongly recommend KnowledgeHut for anyone who is interested in progressing with their career in practicing Agile and the Scrums.

The course was really well led by Alexandre Magno. He showed incredible knowledge and patience throughout the course giving us real tangible examples of how to use the material and where misunderstandings about what the course was and wasn't came up. This cleared a lot of the mist for me about agile in general and being a product owner compared against a scrum master in specific. I'm very glad I went on this course and can apply this content in my work.

Session was interactive and knowledgeable.

I recently attended the SA course offered by KH in Dublin. The instructor was knowledgeable and able to answer questions related to practice and experience beyond theory. I met experienced Agile professionals and we discussed practices, global industry and local scene, trends, common issues and solutions.The course extended my knowledge and helped me to successfully pass the certification exam with full 100% on my first attempt.I recommend KH as a solid provider of industry recognized courses.

Instructor provided many real-world examples and answered questions well. I was well prepared to take the exam immediately. Perhaps it should be discussed with a little more detail how different organizations have different philosophies on how to look at Scrum. For example, some say Scrum has 6 meetings (not 4), others exclude the initial Vision discussion from the count.

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Anand Kumar

Testing Engineering Sr Analyst at Dell Technologies from Bangalore, India
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Brian Wilson

Fraud Team Lead at Riot Games from Dublin, Ireland
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Kinnari SinhaRoy

Senior Associate- Project Management at Cognizant from Toronto, Canada
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Svetlina Al-Anati

Development Manager\Scrum Master at Vizor from Dublin, Ireland
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Oliver Schneidemann

Program Manager at Marsh from NewYork, United States

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: http://www.knowledgehut.com/refund

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


Budget Analysis and Forecasting Course in Hong Kong

Budget Analysis and Forecasting in Hong Kong

Hong Kong is a well-known city that is situated in South Eastern China. The city is a major financial hub and is also home to a number of companies in the manufacturing sector. This has created a number of jobs and candidates who have the right training and certification have ample opportunities to grow in this city. 

The Budgeting and Forecasting training courses in Hong Kong are very popular among companies in Hong Kong. Recruiters look at professionals with a Budgeting and Forecasting certification in Hong Kong as value assets to the organisation. The Forecasting training online in Hong Kong is a very essential course and those who take up Budget analysis certification courses are often offered highly challenging roles in the organisation. The Budgeting and Forecasting training courses in Hong Kong train you on the various ways of planning a budget for a project and stick to it. This is important because, if the project gets completed well within the budget it is satisfactory for the client. If it exceeds the budget, it often turns out to be a big loss for the company. The Budgeting and Forecasting certification in Hong Kong trains you to efficiently, analyse as well as forecast a budget and manage it well.

KnowledgeHut offers trainees the option of online training which is comprehensive and highly detailed and gives you the opportunity to learn from their experienced faculty. The online classes are conducted using various examples of real-life scenarios which makes it easy for you to apply what you have learnt to a scenario at work. The e-learning course can be taken at a very reasonable price and it will help you clear an exam in the field as well. The online course is mandatory for those looking to grow in their field.

A New Alternative

You learn the best practises as well as the latest tools and techniques when you take the course. Those from a finance background should definitely take this course. The training  is  equally  beneficial  for  those  who  are  not  from  a  financial  background  but want to learn the best ways of budgeting a project.

Keeping Ahead of the Curve

You learn the fundamental principles that are used in the Budgeting process when you take up this course. You are capable of forecasting as well as using the various tools and techniques which let you meeting business expectations.

KnowledgeHut Empowers You

 

We at KnowledgeHut offer the best course and train students with an expert faculty. We teach you the latest procedures and also the impact of Budgeting as well as the tools that help you performs better. Once you complete the training, you will be capable of budgeting as well as forecasting a project efficiently.

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