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

Budget Analysis and Forecasting Training in Vienna, Austria

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

Contact Course Advisor schedules
Refer & Earn

Modes of Delivery

Live Online (Virtual)

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 peoples 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

I would like to thank the KnowledgeHut team for the overall experience. My trainer was fantastic. Trainers at KnowledgeHut are well experienced and really helpful. They completed the syllabus on time, and also helped me with real world examples.

Attended Agile and Scrum workshop in May 2018

Everything was well organized. I would definitely refer 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

Everything from the course structure to the trainer and training venue was excellent. The curriculum was extensive and gave me a full understanding of the topic. This training has been a very good investment for me.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The workshop held at KnowledgeHut last week was very interesting. I have never come across such workshops in my career. The course materials were designed very well with all the instructions were precise and comprehenisve. Thanks to KnowledgeHut. Looking forward to more such workshops.

Attended Certified ScrumMaster (CSM)® 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

KnowledgeHut has excellent instructors. The training session gave me a lot of exposure to test my skills and helped me grow in my career. The Trainer was very helpful and completed the syllabus covering each and every concept with examples on time.

Attended PMP® Certification workshop in May 2018

I really enjoyed the training session and am extremely satisfied. All my doubts on the topics were cleared with live examples. KnowledgeHut has got the best trainers in the education industry. Overall the session was a great experience.

Attended Agile and Scrum workshop in May 2018

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

Attended Agile and Scrum workshop in May 2018
Review image

Elyssa Taber

IT Manager.
Review image

Steffen Grigoletto

Senior Database Administrator
Review image

Jules Furno

Cloud Software and Network Engineer
Review image

Alexandr Waldroop

Data Architect.
Review image

Meg Gomes casseres

Database Administrator.
Review image

Felicio Kettenring

Computer Systems Analyst.
Review image

Tilly Grigoletto

Solutions Architect.
Review image

Goldina Wei

Java Developer

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 Vienna

Vienna, the capital city of Austria, is the political and cultural epicenter of the country. The city is a declared world heritage site and forms as the gateway of foreign relations with other European countries Slovakia, Czech Republic and Hungary in the eastern frontier. The architectural ensembles, gardens and castles with European architecture stand as a testimony to its rich Roman and Celtic ancestry.

The city is the financial Hub of the Austria. It was ranked second in ‘quality of life’, for seven years continuously. The cultural heritage draws many tourists from across the world every year. The main economic activity of the city is education and research, information technology and tourism. The United Nations and OPEC are based in Vienna and many international companies have their headquarters located here. It is one of the significant information technology hubs of Europe and many multinational companies like HP, Cisco, Samsung electronics have their companies based in Vienna. The city, therefore, provides a great platform for professionals looking for good employment opportunities.

Budgeting and planning the financial expenses are important aspects of any industry. It is intended to safeguard the company from any financial crisis arising out of a lack of forecasting. This task of forecasting is now expected from managers handling technical domains also, as it is believed that domain experts have a better judgment of the domain specific financial requirements. In order to assist professionals to gain an understanding of the systematic methodology involved in financial planning, KnowledgeHut offers the Budgeting and Forecasting training courses in Vienna program.

Get the edge with KnowledgeHut

The Forecasting training online in Vienna offered by KnowledgeHut is suitable for professionals from financial, IT, administration, supply chain, sales and marketing background. The online training is provided to cover the basic aspects of budgeting, risk analysis, forecasting, activity based costing and many more tools and techniques used to plan the financial requirements. The Budgeting and Forecasting certification in Vienna that covers strategic planning is delivered to the candidates through 24 hours of intensive classroom training.

Interactive Learning

The faculty members of Budgeting and Forecasting training courses in Vienna, who are well experienced in this domain, administer exercises based on real time cases and discuss the strategies to be followed, for a practical understanding of the subject. After the successful completion of the course, a participation certificate is awarded to the candidates. The course is offered at a price point that is very competitive to other similar training programs, to ensure affordability of the Budgeting and Forecasting certification in Vienna to students and professionals.

Since the Forecasting training online in Vienna is conducted through virtual classroom sessions, the time and place of the program can be chosen by the candidates. Downloadable E - books are also given to the candidates pursuing the course, for future reference.

 

 

 

 

 

 

 

other training

How We Can Help You

Course Details