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Budget Analysis and Forecasting Training in Kuwait city, Kuwait
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Kuwait city, Kuwait

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.
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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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The skills I gained from KnowledgeHut's training session has helped me become a better manager. I learned not just technical skills but even people skills. I must say the course helped in my overall development. Thank you KnowledgeHut.

Attended PMP® Certification workshop in May 2018

The trainer was really helpful and completed the syllabus on time and also provided live examples which helped me to remember the concepts. Now, I am in the process of completing the certification. Overall good experience.

Attended PMP® Certification workshop in May 2018

KnowledgeHut is a great platform for beginners as well as experienced professionals who want to get into the data science field. Trainers are well experienced and participants are given detailed ideas and concepts.

Attended PMP® Certification workshop in May 2018

The course which I took from Knowledgehut was very useful and helped me to achieve my goal. The course was designed with advanced concepts and the tasks during the course given by the trainer helped me to step up in my career. I loved the way the technical and sales team handled everything. The course I took is worth the money.

Attended PMP® Certification workshop in May 2018

The instructor was very knowledgeable, the course was structured very well. I would like to sincerely thank the customer support team for extending their support at every step. They were always ready to help and smoothed out the whole process.

Attended Agile and Scrum workshop in May 2018

The Trainer at KnowledgeHut made sure to address all my doubts clearly. I was really impressed with the training and I was able to learn a lot of new things. I would certainly recommend it to my team.

Attended PMP® Certification workshop in May 2018

The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut. I really liked the way the trainer explained the concepts. He was very patient and well informed.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

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

Attended Agile and Scrum 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 Kuwait city

Budget Analysis and Forecasting in Kuwait City

Kuwait City is the capital of the gulf country of Kuwait and is the cultural and economic centre of the nation. Home to one of the richest oil economies in the world, the city is also a vibrant centre of  home  grown  theatre,  which  is  unique  amongst  the  Arab  cultures.  Kuwait  City  is  one  of  the main  centres  of  TV  entertainment,  catering  to  the  entire  region  and  the  city  has  a  buzzing nightlife  and  dining  scene.  The  commerce  heart  of  the country,  the  city  has  a  talented  and diverse  workforce.  Based  in  this  fertile  environment  for  business,  KnowledgeHut  presents  the Forecasting Training online in Kuwait City.

About the Course

A  crucial  part  of  framing  business  strategy  is  identifying the  financial  aspects  of  a  model  and applying  it  in  a  project.  Good  budgeting  and  forecasting  practices  are  the  difference  between successful  and  failed  projects  and  the Budgeting  and  Forecasting  Training  Courses  in  Kuwait City  by  KnowledgeHut  will  arm  you  with  the  know  how  to  be on  top  of  the  budgeting requirements of a project. An online training that includes case studies and exercises to sharpen your acquired skills, the Budgeting and Forecasting Certification in Kuwait City will be delivered over 3 days by certified instructors with industry expertise. At the end of the course, you will be awarded  a participation certification by KnowledgeHut.  This online  program  will equip  you  with the knowledge and techniques to pass any exam based on budgeting and forecasting.

The Budgeting  and  Forecasting  Certification  in  Kuwait  City  will  begin  with  an  introduction  to budgeting and its place with the context of a larger business strategy.  You will be taught  about the budgeting process and the planning cycle. Our course instructors will teach you to develop operational and financial budgets and you will learn about the different types of budgets – fixed, flexed  and  rolling.  As  the training  progresses,  you  will  learn about budgeting  methods and the different  approaches  to  budgeting  which  includes  top  to bottom  and  iterative  approaches. Towards the end of this intensive course, you will be taught the components of operational and financial  budgets.  As  part  of  the Budgeting  and  Forecasting  Training  Courses  in  Kuwait  City, you will also have access to a downloadable e-book that will provide you extra guidance.

The KnowledgeHut Advantage

 

KnowledgeHut  has  been  delivering  the  highest  quality e-learning  programs  in  cities  across  70 countries. Our courses have helped thousands of students and professionals gain important skill sets  as  they  endeavour  for  important  career  credentials.  The Budget  Analysis  Certification Courses are  delivered  using  innovative online  teaching  methods  which  combine  an  interactive classroom environment with easy accessibility. Available at a great price, the course is ideal for those working in the accounts & finance, marketing, operations departments,  business analysts, admin & secretarial professionals and professionals in IT Support and Services.                 

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