BUDGETING & FORECASTING MANAGEMENT
“Driving Financial Planning and Organizational Performance through Effective Budgeting and Forecasting”
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 21 – 23 Jan 2025 | Kuala Lumpur, Malaysia | USD 2495 per delegate |
| 25 – 27 Feb 2025 | Kuwait | USD 2495 per delegate |
| 03 – 05 Mar 2025 | Doha, Qatar | USD 2495 per delegate |
| 15 – 17 Apr 2025 | Dubai, UAE | USD 2495 per delegate |
| 01 – 03 Jul 2025 | Doha, Qatar | USD 2495 per delegate |
| 12 – 14 Aug 2025 | Dubai, UAE | USD 2495 per delegate |
| 15 – 17 Sep 2025 | Doha, Qatar | USD 2495 per delegate |
Course Introduction
Budgeting and forecasting are critical tools for managing financial resources, supporting business decisions, and ensuring organizational stability. Effective financial planning is no longer just about controlling costs—it’s about proactively aligning resources with strategic goals, navigating uncertainty, and anticipating change.
This practical 3-day course empowers finance and operational leaders with the tools to develop accurate, flexible budgets and dynamic forecasts. Participants will learn techniques for projecting revenues and expenses, aligning forecasts with business drivers, managing variances, and communicating financial plans clearly and effectively.
Course Objectives
By the end of this course, participants will be able to:
• Prepare and manage operational and capital budgets aligned with strategic objectives
• Develop reliable financial forecasts under varying conditions
• Use historical data, trends, and market intelligence for planning
• Identify and respond to budget variances and performance gaps
• Communicate budgeting outcomes effectively to stakeholders
Key Benefits of Attending
WHY YOU SHOULD ATTEND
• Build confidence in managing the financial planning process
• Improve forecast accuracy and financial visibility
• Link financial planning to performance measurement
• Learn practical tools to support real-time decision-making
• Enhance collaboration across departments for better budget ownership
Intended Audience
This program is designed for:
• Finance managers and financial analysts
• Budget officers and accountants
• Departmental and project managers
• Business planners and controllers
• Anyone involved in preparing, reviewing, or analyzing budgets
Individual Benefits
Key competencies that will be developed include:
• Budget creation and forecasting methods
• Scenario planning and sensitivity analysis
• Rolling forecasts and real-time budget adjustments
• Stakeholder communication and budget presentation
• Financial performance monitoring
Organization Benefits
Upon completing the training course, participants will demonstrate:
• More accurate budgeting and forecasting at all organizational levels
• Better financial control and alignment with strategic targets
• Improved cash flow and resource allocation planning
• Enhanced transparency and accountability in budget execution
• Data-driven financial decisions across departments
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – Budgeting concepts, methods, and forecast frameworks
• Case Studies – Common challenges and best practice solutions in planning
• Workshops – Interactive exercises in forecasting, budgeting, and variance analysis
• Peer Exchange – Practical experiences and feedback from other professionals
• Tools – Excel templates for planning, variance tracking, and reporting dashboards
Course Outline
Detailed 3-Day Course Outline
Training Hours: 07:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Budgeting Essentials and Planning Foundations
Module 1: Budgeting Principles and Organizational Alignment (07:30 – 09:30)
• Budget purpose, cycle, and key stakeholders
• Operational vs capital budgeting
Module 2: Budget Development Techniques (09:45 – 11:15)
• Fixed, flexible, zero-based budgeting methods
Module 3: Budgeting Process and Calendar (11:30 – 01:00)
• Data sources, assumptions, and approval workflow
Module 4: Workshop – Build a Functional Department Budget (02:00 – 03:30)
Day 2: Forecasting for Financial Control
Module 1: Forecasting Techniques and Models (07:30 – 09:30)
• Trend analysis, moving averages, regression models
Module 2: Scenario Planning and Sensitivity Analysis (09:45 – 11:15)
• Best case, worst case, and realistic scenarios
Module 3: Rolling Forecasts and Continuous Planning (11:30 – 01:00)
• Forecast adjustments and dynamic planning
Module 4: Workshop – Develop a Rolling Forecast Model (02:00 – 03:30)
Day 3: Managing Variances and Financial Performance
Module 1: Monitoring Budget vs Actuals (07:30 – 09:30)
• Variance analysis and response strategies
Module 2: Communicating Budget Performance (09:45 – 11:15)
• Dashboards, scorecards, and visual reports
Module 3: Integrating Budgeting into Decision-Making (11:30 – 01:00)
• Linking KPIs to planning and accountability
Module 4: Certification and Wrap-Up (02:00 – 03:30)
• Course summary, final discussion, and certificate distribution
Certification
Participants will receive a Certificate of Completion in Budgeting & Forecasting Management, validating their ability to plan, forecast, and manage financial performance using modern, practical techniques for sustainable organizational success.