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Budget Analysis and Forecasting Training in Nairobi, Kenya
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Nairobi, Kenya

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 liked the way KnowledgeHut framed the course structure. The trainer was really helpful and completed the syllabus on time and also provided live examples.  KnowledgeHut has got the best trainers in the education industry. Overall the session was a great experience.

Attended Certified ScrumMaster®(CSM) workshop in May 2018

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

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

My special thanks to the trainer for his dedication, learned many things from him. I would also thank for the support team for their patience. It is well-organised, great work Knowledgehut team!

Attended Certified ScrumMaster®(CSM) workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, learned many things from him. KnowledgeHut is a great place to learn and earn new skills.

Attended Agile and Scrum workshop in May 2018

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

Attended Agile and Scrum workshop in May 2018

The trainer took a practical session which is supporting me in my daily work. 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

I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and liked the way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.

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

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


Budget Analysis and Forecasting Course in Nairobi

Budget Analysis & Forecasting – Nairobi

A bustling metropolis with a modern cityscape that sits on the edge of a Savannah where lions and  giraffes  roam amongst  the other faunal  wealth  of East  Africa,  Nairobi  is  one  of  the fastest growing  cities  on  the  African  continent  and  a  symbol  of  Kenyan  aspirations.  This  gateway  to Africa’s  wild  is  also  an  important  business  and  financial  centre  and  boasts  a  talented  and diverse  workforce.  With  Kenya’s  biggest  companies  and  industries  converging  in  its  capital, Nairobi  is  now  an  important  part  of  the  global  economy.  Based  in  this  African  powerhouse, KnowledgeHut presents the Budgeting and Forecasting Certification in Nairobi.

About the Course

Careful  budgeting  and  forecasting  is  an  essential  component  of  the  planning  process  of  a project.  With  robust  forecasting,  you  will  be  able  to stay  on  top  of  scenarios  as  the  project progresses.  The Budgeting  and  Forecasting  Certification  in  Nairobi  by  KnowledgeHut  is  an impactful online training program that is designed to impart in its students a strong knowledge of the  fundamentals.  Our Budgeting  and  Forecasting  Training  Courses  in  Nairobi  are  easy  to understand  for  students  with  non-financial  backgrounds  and  the  24  hours’course  will  include case  studies  and  exercises  to  ensure  an  immersive  learning  experience.  At  the  end  of  this training program, you will receive a completion certification and the online course will equip you with the knowledge to pass any exam based on the tenets of budgeting and forecasting. 

The Budgeting  and  Forecasting  Training  Courses  in  Nairobi  begin  with  an  introduction  to budgeting  and  its  place  in  a  larger  business  strategy. You  will  learn  about  the  planning  cycle and  budgeting  process  and  the  problems  that  one  needs  to  look  out  for  while  budgeting.  You will  be  taught  about  operational  and  financial  budgets,  while  also  learning  about  the  different types –  fixed,  flexed  and  rolling  budgets.  Our  trained  instructors  will  teach  you  about  the methods of budgeting – incremental and zero-based, and as the Forecasting Training Online in Nairobi  progresses,  you  will  learn  about  the  different  approaches  to  budgeting,  including iterative,  activity  and  task  oriented.  Participants  are  taught  the  components  of  operational  and financial  budgeting  and to  complete  your  exercises  and  sharpen  your  techniques, tools  will  be provided.

The KnowledgeHut Advantage

 

With  a  presence  in  more  than  70  countries,  KnowledgeHut  is  an e-learning  provider  with  a global reputation. Our online classes are delivered using state of the art virtual learning methods and are designed to combine ease of access and a live interactive classroom environment. The Budget  Analysis  Certification  Courses  are  available  at  a  very  good price. If  you  work  in  the accounts  and  finance,  marketing  or  operations  departments  of  your  organization,  then  this course is ideal for you. The KnowledgeHut program is also perfect for business analysts, admin and secretariat professionals and those working with IT Support and Services.

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