Module 1: Budgeting Fundamentals
• Introduction to budgeting processes
• Types of budgets: operating, capital, cash, flexible budgets
• Linking budgeting with strategic planning
• Budgeting cycle and organizational roles

Module 2: Forecasting Techniques
• Understanding forecasting and its role in planning
• Quantitative and qualitative forecasting methods
• Forecasting revenues, costs, and cash flows
• Time series analysis and trend projection

Module 3: Planning Framework and Alignment
• Translating strategy into financial plans
• Integrating departmental plans into overall corporate budget
• KPI setting and monitoring
• Medium and long-term planning approaches

Module 4: Budgeting and Forecasting Models in Excel
• Creating driver-based forecasting models
• Excel tools and functions for planners
• Sensitivity and scenario analysis
• Building dashboards for budget monitoring

Module 5: Performance Monitoring and Variance Analysis
• Techniques for analyzing budget vs. actual performance
• Identifying root causes of variance
• Implementing corrective measures
• Reporting to stakeholders

Module 6: Advanced Budgeting Practices
• Rolling forecasts and continuous planning
• Zero-based budgeting vs. traditional budgeting
• Activity-based budgeting
• Linking budgeting to performance and incentives

This hands-on, results-oriented course is delivered through interactive lectures, real-world case studies, group exercises, and practical assignments to ensure that participants not only understand the theory but are also ready to implement what they learn in their roles. By the end of the training, attendees will be better equipped to guide their organizations with proactive financial planning, accurate forecasting, and efficient budgeting strategies.

Budgeting, Forecasting and Planning Training Course in Geneva

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