top
Budget Analysis and Forecasting Training in Lagos, Nigeria
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Lagos, Nigeria

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

Contact Course Advisor schedules
Refer & Earn

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

3 Months FREE Access to all our E-learning courses when you buy any course with us

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.

reviews on our popular courses See All

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

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

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

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

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 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

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

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
Review image

Vito Dapice

Data Quality Manager
Review image

Rosabelle Artuso

.NET Developer
Review image

Merralee Heiland

Software Developer.
Review image

Lauritz Behan

Computer Network Architect.
Review image

Astrid Corduas

Senior Web Administrator
Review image

Anabel Bavaro

Senior Engineer
Review image

Ellsworth Bock

Senior System Architect
Review image

Estelle Dowling

Computer Network Architect.

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 Lagos

Budget Analysis & Forecasting – Lagos

Lagos  is  Nigeria’s  largest  city  and  is  also  its  cultural  and  financial  capital.  This  vibrant  city  is famous as a centre of entertainment and nightlife options. Some of the landmarks here are the Bar Beach, Nigerian National Museum and Victoria Island. The city is known for its music scene with  many  world-famous  genres  and  artists  based  here.  Lagos  is  also  where  a  significant majority  of  Nigeria’s  workforce  is  located  and  this  city  is  fertile  ground for  ideas  and  new businesses.  In  this  city  that  represents  the  African  rise,  KnowledgeHut  presents  the Budget Analysis Certification Courses.

About the Course

Sound financial planning and correct forecasting is an important prerequisite for a project to be managed  successfully.  With  careful  budgeting  and  forecasting,  organizations  will  be  closer  to achieving their goals and achieve faster growth. The KnowledgeHut Budgeting and Forecasting Training Courses in Lagos are comprehensive online workshops that will equip participants with the fundamentals of this important topic. The course will be spread over 3 days and will be led by  expert  faculty.  At  the  end  of  this online training,  you  will  be  provided  a  course  completion certification, and the lessons learnt here will help you pass any exam based on budgeting and forecasting fundamentals.

In  the  beginning of  the Forecasting  Training  Online  in Lagos,  our training  instructors  will  teach you  about  the  basics  of  a  budget,  including  its  place  in a  business  plan,  and  relationship  with forecasting  and  business  strategy.  You  will  be  introduced  to  the  planning  cycle  and  other techniques like developing budgets and the types of budgets – fixed, flexed & rolling.   In these online classes, you will also learn about the methods of budgeting and the different approaches to budgeting like activity oriented, top down and bottom up. As  the Budgeting  and  Forecasting Certification in Lagos progresses, you will be taught about the essential components and facets of operational and financial budgets. This KnowledgeHut will include tools and exercises to help you  sharpen  your  techniques  and  the  courseware  includes  case  studies  based  in  real  life situations. The Budgeting   and   Forecasting   Certification   in   Lagos   will   also   include   a downloadable e-book for extra guidance.

The KnowledgeHut Advantage

 

With a presence in cities across 70 countries, KnowledgeHut has helped thousands of students gain  important  career  changing  credentials  with  the  help  of  its e-learning  programs.  Our Budgeting  and  Forecasting  Training  Courses  in  Lagos  are  delivered  using  the  latest  online learning methods which combine easy access and a live classroom environment. This course is designed  to  be  easily  understood  by  students  with non-financial  background  also. This KnowledgeHut  training  is  available  at  a  very  good price  and  is  an  ideal  learning  program  for Business Analysts and professionals working in the Accounts, Finance, Marketing or Operations departments and IT Support & Services.        

other training

How We Can Help You

Course Details