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Budget Analysis and Forecasting Training in London, United Kingdom
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in London, United Kingdom

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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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

Everything was well organized. I would like to refer to some of their courses to my peers as well. The customer support was very interactive. As a small suggestion to the trainer, it will be better if we have discussions in the end like Q&A sessions.

Attended PMP® Certification workshop in May 2018

It’s my time to thank one of my colleagues for referring Knowledgehut for the training. Really it was worth investing in the course. The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session, to be honest, the overall experience was incredible!

Attended PMP® Certification workshop in May 2018

The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.

Attended Agile and Scrum workshop in May 2018

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

Attended Agile and Scrum workshop in May 2018

The course materials were designed very well with all the instructions. The training session gave me a lot of exposure and various opportunities and helped me in growing my career.

Attended PMP® Certification workshop in May 2018

I was totally surprised by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. Training session changed my way of life.

Attended Agile and Scrum workshop in May 2018

KnowledgeHut has all the excellent instructors. The training session gave me a lot of exposure and various opportunities and helped me in growing my career. Trainer really was helpful and completed the syllabus covering each and every concepts with examples on time.

Attended PMP® Certification 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

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


Budget Analysis and Forecasting Course in London

 

 London   requires   no   introduction   and   is   a   world-class   metropolis   with   high-quality infrastructure  and  exciting  lifestyle.  This  pleasant  city on  the  banks  of  Thames  is  a  global attraction for organizations across the variety of fields and it houses headquarters of several multinational     corporations.     The     heavy     concentration     of     economic,     commercial, administrative  and  IT  industries  has  made  London  the  ideal  place  for  individuals  to  have  a prosperous career. 

For professionals to thrive in the competitive environment of London, it is important to have adequate  skills  and  knowledge  of  their  respective  profession.  KnowledgeHut  offers  various courses  and certification  programs  for  professionals  in  London  to  hone  their  skills.  The Budgeting and Forecasting certification in London is an effective course from KnowledgeHut that helps professionals to understand the financial aspects of projects and it teaches them to complete projects without overstepping the budget limits. 

Take a new direction

Budget is an integral part of any project and the success of all the activities and processes is completely dependent on the fact whether the project was delivered within allotted budget or  not.  Going  over  the  stipulated  budget  makes  things  difficult  and hence  corporations across  the  world  are  strictly  monitoring  every  activity  to  ensure  projects  and  products  are delivered within a budget frame. Budget analysis and forecasting is an important field which helps  in  understanding  the  financial  aspects  of  projects  and  it  ensures  that  targets  do  not exceed  the  stipulated  budget  frame.  This  field  helps  in  saving  cost  and  is  critical  for completing  processes   effectively.  It  also  includes   various   other   aspects   that  helps   in managing  financial  resources  and  identifying  areas  of  overspending.  By  implementing budget analysis, organizations are able to save a lot of money and are also able to plan their finances effectively.

Get that much-needed edge

By    completing    the Budgeting    and    Forecasting    training    courses    in    London from KnowledgeHut,  you  will  be  able  to  understand  the  financial  aspects  of  the  project  and  will have  the  expertise  to  reduce  costs.  This course  is  vital  for  completing  projects  without overspending  and it  empowers  you  so  that  you  have  the  capabilities  to overcome  financial challenges. By pursuing this course you will surely hold an edge over your peers and will be able  to  stay  ahead  of  the  curve.  The  extensive coursework  is  effective  for  boosting professional career and you can also take up an exam after completing this training.

Why KnowledgeHut?

 

KnowledgeHut  provides  ample  flexibility  for  participants  while  pursuing Budgeting  and Forecasting  certification  in  London. It  offers online  and e-learning  materials  that  include online  training  and online  classes.  Thus  participants  can  complete  the course  as  per  their convenience.  The  expert training  faculty  along  with  affordable price  makes  KnowledgeHut the perfect option for completing Forecasting training online in London.

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