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Budget Analysis and Forecasting Training in Ottawa, Canada
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Ottawa, Canada

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.
Group Discount: 5% for 3 to 4 people 10% for 5 to 9 people 15% for 10+ people

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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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KnowledgeHut Course was designed with all the basic and advanced concepts. My trainer was very knowledgeable and liked the way of teaching. Various concepts and tasks during the workshops given by the trainer helped me to enhance my career. I also liked the way the customer support handled, they helped me throughout the process.

Attended PMP® Certification 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

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

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

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. It was a great platform to learn.

Attended PMP® Certification workshop in May 2018

Knowledgehut is the best platform to gather new skills. Customer support here is really good. The trainer was very well experienced, helped me in clearing the doubts clearly with examples.

Attended Agile and Scrum workshop in May 2018

Knowledgehut is the best training provider which I believe. They have the best trainers in the education industry. Highly knowledgeable trainers have covered all the topics with live examples.  Overall the training session was a great experience.

Attended Agile and Scrum 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 is very patient.

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 Ottawa

Ottawa contributes in a great way to Canada’s finances. Achieving financial excellence will help an organization go forward to reach the required goals and targets. Budgeting and forecasting training courses in Ottawa help one to acquire a certification, which will help him to get deeply involved with the budgeting and finance planning aspects of a company.

Budgeting is an integral part of every company, as it helps to define the constraints of a company, within which it will operate.  Budgeting and forecasting training courses in Ottawa is designed to make people aware of all the tools and technologies to help them to fulfill not only their professional aspirations but also meet the expectations of their companies as well as investors. This is one such course which will help them to learn about budgeting, the most important function of any organization.

About The Course

The need of the hour is developing such a training module which will help people learn about budgeting and forecasting as this allows them to taste success in any project to the true term. This is because finishing a project is not the only aim but also finishing it within the budgetary constraints is the real motive. Online training is the most chosen medium of imparting education as e-learning is more effective in learning while working. Budgeting and forecasting certification in Ottawa has the following advantages:

·         Every candidate will have a detailed knowledge of understanding the effect of budgeting in understanding the organizational  goals.

·         The online classes help to understand the different kinds of budgeting techniques, approaches and methodologies which can be applied in different industries and different projects.

·         One can understand the importance of budgeting when everything seems uncertain.

·         There is a deep understanding of the effects of budgeting on performance management.

Budgeting and forecasting certification in Ottawa is all about reinforcing a deep knowledge on the above-mentioned subjects. The online certification helps students to reach the zenith of professional efficiency.

A New Alternative

The three-day training session offered by KnowledgeHut teaches the best practices in budgeting and forecasting. The target students are not only from financial backgrounds but also from other departments as well. The main target of this course is to improve the financial literacy of the learners. Forecasting training online in Ottawa is all about improving financial know how.

KnowledgeHut Empowers You

KnowledgeHut is the perfect learning centre to know about the ABC of budgeting and forecasting. The Budget Analysis Certification Courses provided by them help to understand the basics so that ignorance is never a barrier. The price tag attached to the courses is very less compared to the value they have in order to face any exam of life.

 

 

 

 

 

 

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