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Budget Analysis and Forecasting Training in Wellington, New Zealand
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Wellington, New Zealand

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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The KnowledgeHut course covered all concepts from basic to advanced. My trainer was very knowledgeable and I really liked the way he mapped all concepts to real world situations. The tasks done during the workshops helped me a great deal to add value to my career. I also liked the way the customer support was handled, they helped me throughout the process.

Attended PMP® Certification 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

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 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

I had enrolled for the course last week at KnowledgeHut. The course was very well structured. The trainer was really helpful and completed the syllabus on time and also provided real world examples which helped me to remember the concepts.

Attended Agile and Scrum 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, and leading us through a difficult topic. KnowledgeHut is a great place to learn the skills that are coveted in the industry.

Attended Agile and Scrum workshop in May 2018

The teaching methods followed by Knowledgehut is really unique. The best thing is that I missed a few of the topics, and even then the trainer took the pain of taking me through those topics in the next session. I really look forward to joining KnowledgeHut soon for another training session.

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
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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-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 Wellington

Budgeting and Forecasting certification in Wellington

Wellington, the capital of New Zealand and the second most populous city in the country, is a  city  that  is  always  on  the  go.    Wellington  is  a  dynamic  city  that  boasts  of  a  truly cosmopolitan population and a high employment rate. Wellington was voted as the foremost city in the world for a business start-up by World Bank. Wellington boasts of ease of access to international markets, lower operating costs, and a host of support systems sponsore d by the  government's  tourism  and  the  white-collar  and  blue-collar  industries,  which  are  the mainstay of Wellington's economy.

Wellington  is  renown  for  the  ease  of  setting  up  and running  a  business  with  a  number  of highly  successful  firms  from  all  over  the  world  choosing  to  set  up  their  centre  of  business operations   in   this   city.   The   emergence   of   new   opportunities   has   thrown   open   the employment  market  creating  a  huge  demand  for  skilled  professionals.  In  response  to  the demand  created,  KnowledgeHut  has  introduced  e-learning  modules  to  help  aspirants  take advantage  of  such  a  scenario  and  further  themselves  in  their  career. 

The  Budgeting  and Forecasting training courses in Wellington are provided by KnowledgeHut, and they focus on transforming individuals into finance experts. The  Budgeting  and  Forecasting  certification  in  Wellington  has  an  online  format  that  trains individuals  to  stay  sharp  and  troubleshoot  their  way  out  of  issues  they  might  face  in  their workplace. 

Wellington  has  demonstrated  tremendous  growth  in  recent  years  with  the  appearance  of new-generation  start-ups  bringing  with  them  the  demand to  hire  skilled  professionals.  The Forecasting  training  online  in  Wellington  is  a  good  asset  for  individuals  who  desire improvement  in  their  professional  environment.  The  certification  from  KnowledgeHut  can ensure they have an advantage in comparison to their contemporaries in their workplace on completion of the online classes at the Budget Analysis certification courses course provided by KnowledgeHut.

A New Alternative

The  course allows  the  students  to  gain  expertise  in  budgeting  and forecasting.  Candidates are tutored on methodologies of preparing monthly budgets and reviewing existing budgets like a seasoned professional. Candidates are also trained in the art of forecasting and to be accustomed to the various cost types, thereby making them employment ready. 

Keeping Ahead of the Curve

Learning   about   budget   and   forecasting   is   perfect   for   beginners,   mid-level   finance professionals and executives  who  are  looking  to climb  higher  in the  corporate  world, and a certification  from  KnowledgeHut  is  going  to  ensure  that  you  do  so.  The  program  on Forecasting  training  online  in  Wellington  is  equipped with  excellent  faculty,  an  interactive learning environment along with 24x7 access to tutorials online. 

KnowledgeHut Empowers You

 

Budget  Analysis  certification  courses  enable  candidates  to  expertly  analyse  the  various trends of the budget progression and variance analysis through its online training. The price of the course is affordable and will go a long way in helping your professional aspirations.

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