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Dubai

Spreadsheet Skills for Planning, Forecasting & Budgeting

ID  54

Finance and Accounting Training Courses

Spreadsheet Skills for Planning, Forecasting & Budgeting

Dubai

Hotel Name
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16 Feb 2025 : 20 Feb  2025

25 Hours

2950 USD

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Training Details

The Course

Planning, Forecasting & Budgeting are 3 of the most important functions in business. Performed properly they can lead to exceptional success. Yet many people do not use the tools available to them to their best advantage. In this course we will leverage the power of Excel® to demonstrate how to improve your forecasting, planning and budgeting. By developing better spreadsheets & models, planning is more accurate, forecasting is more precise & budgeting is more attainable. And the time to develop these is dramatically reduced.

Forecasts, plans and budgets may be improved through extensive what-if analysis to find key factors for management to monitor. Furthermore, these tools can be easily transferred into business plans which provide the guide to the overall performance of the firm.

Techniques you will master include:

  • goal seek
  • scenario manager
  • sensitivity analysis
  • solver
  • decision models

The course's usefulness is enhanced by the fact that it is designed to apply to both Excel® ’03 & ‘07 - to enable you to use it more effectively.

The course demonstrates every technique discussed using Excel® templates that will be provided all delegates so bring your laptop to optimize the experience.

 

The Goals

On completion of this course delegates will be able to:

  • Fully understand the various Excel® tools available to perform planning, forecasting & budgeting
  • Perform sophisticated “what-if” scenarios to improve decision making
  • Know what Excel® techniques to use in a given situation
  • Properly use some of the most advanced spreadsheet techniques
  • Know when to take a chance & when not to
  • Learn to use & expand a range of Excel® models (provided)

 

The Process

The training comprises teaching sessions covering each topic area with the theory blended with practical application. Additionally, real world examples & case studies will be used so that the Delegates will be able to apply these techniques immediately. Delegates will use the provided Excel® templates to apply their new knowledge case studies to reinforce the concepts.

 

The Benefits

The organization will benefit by:

  • Having Experts in-house to develop advanced decision support models
  • Increased productivity of personnel involved in planning, forecasting & budgeting
  • Improved performance of plans developed into budgets
  • Better ways to plan & measure results of forecasts
  • Realizing better options when facing forecasting choices
  • Better integration between functional areas leading to better decisions

 

The Results

The delegate will benefit by:

  • Developing an improved understanding of how well prepared Excel® models benefit the corporate in today’s challenging world.
  • Really understanding the risks & rewards of various planning decisions
  • Being able to calculate the impact of alternative inputs on critical outputs
  • Understanding to cost/benefit of every decision
  • Enhancing their knowledge with the use of the models in the case studies
  • Significantly increasing their Excel® analysis skills

 

The Programme Content

  • Day One : Introduction to Spreadsheets using Excel®
    • Worksheet fundamentals
    • Using the F4 key for Relative & Absolute cell references
    • Expose ALL formulas in a worksheet using the built in function for faster review
    • Naming cells & ranges for quicker, more accurate work
    • Freeze panes, columns & rows for easier viewing while scrolling
    • Protecting cells & ranges to stabilize models
    • Function wizard benefits
    • Linking cells from various worksheets to reduce errors
    • Secret key board shortcuts
    • Case study: create, build & protect a reusable template
  • Day Two : Proper Planning
    • Introduction to planning
    • What-if analysis
      • scenario analysis techniques
      • sensitivity analysis using spinners & scroll bars
    • Economic Order Quantity (EOQ)
    • Build out Data tables to see an entire range of options
    • 1-way Data tables
    • 2-way Data tables
    • Maximizing vs. optimizing techniques
    • Utilizing The Goal Seek command to calculate a reverse equation
    • Using Solver to calculate optimal product mix, distribution problems & capital budgeting
    • Case study & template for using Solver to plan the Optimal product mix
  • Day Three : Fantastic Forecasting
    • What is forecasting?
    • Qualitative techniques & their uses
    • Quantitative techniques & their uses
      • Smoothing techniques
      • Regression analysis
      • Time series analysis
    • Forecasting growth rates for verification
    • Internal (IGR)
    • Sustainable (SGR)
    • MIN and MAX functions
    • MEDIAN, MODE & AVERAGE functions
    • GEOMEAN to calculate Average Growth Rate (AGR)
    • When to use RANK, QUARTILE & PERCENTILE
    • Case study & template: Use the GEOMEAN function to calculate your AGR
  • Day Four : Beyond Budgeting
    • What is a budget?
    • How to build a simple budget
    • Build a Flexible Budget Model
    • Build out a complete budget
      • Operating budget elements
      • Financial budget elements
      • Linking them
    • What is the Variance Analysis report & why is it important to improve your budget
    • Calculating variance analysis to see what must be changed
    • Case study & template: Build a complete budget
  • Day Five  : Putting it together – building the comprehensive model
    • Build your planning model
    • Build your forecasting model
    • Build your budgeting model
    • Link these together
    • Leverage optimization through capital structure (Case study Example)
    • Bond buybacks (Case study Example)

Day 1 - Asset Cost Management Introduction

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 2 - Laying the Groundwork

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 3 - Applying the Value based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 4 - Ensuring the Continuity of the Value-based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

The European Quality of Training and Management Consulting relies on advanced methodology in developing skills and enhancing the effectiveness of human resources. The company adopts modern methods to achieve these goals. In order to achieve its objectives, European Quality follows the following steps in a precise and professional manner:

  • Lectures and Visual Presentations:

    • Theoretical lectures are presented through PowerPoint presentations, videos, and short films, providing a comprehensive and enjoyable learning experience.

  • Scientific Assessment:

    • Trainees are thoroughly assessed before and after the training program to ensure the desired objectives are achieved and to provide necessary guidance.

  • Brainstorming and Role-playing:

    • Innovation and problem-solving are encouraged through brainstorming sessions and role playing experiences.

  • Practical Cases:

    • Practical learning is emphasized through cases relevant to the subject matter and the nature of work for the trainees, contributing to the development of practical skills.

  • Final Evaluation and Certificates:

    • A comprehensive assessment is conducted at the end of the program. Trainees are awarded attendance and participation certificates recognized by the European Quality for Training and Administrative Consultations, provided they have completed at least 80% of the program days.

  • Training Materials:

    • Professional trainers and experts in various fields create scientific and practical training materials, which are printed and retained, and distributed on CD or flash drives to ensure easy access to the content.

  • Post-Training Follow-up:

    • European Quality for Training and Administrative Consultations provides continuous support after the training program. This support includes additional consultancy sessions or workshops to ensure the continuity of learning and the application of acquired skills in the working environment.

  • Customized Training Programs:

    • Training programs are designed to meet the needs of individual companies and institutions. Client needs are carefully analyzed to ensure that the training content aligns with their specific objectives and achieves the desired impact.

  • Utilizing Technology:

    • Training incorporates modern techniques such as online platforms and distance learning to provide flexible and effective learning experiences. Participants can access educational resources online and engage in discussions and online workshops.

  • Specialized Trainers:

    • Trainers and lecturers are carefully selected to ensure they have high expertise in their fields. Experience and professionalism are added to the training to ensure the delivery of high-quality content and effective learning experiences.

  • Encouraging Participation:

    • European Quality encourages active participation and interaction during training sessions. Interactive activities such as group discussions and collective exercises are organized to stimulate effective participation in the learning process.

  • Focus on Personal Transformation:

    • Participants are encouraged to think critically and develop problem-solving skills and decision making abilities. They are guided towards achieving personal and professional transformation, leading to improved performance in their work areas.

  • Continuous Assessment:

    • Continuous assessments are provided to evaluate participants performance and their understanding of the training materials. This assessment is used to modify the training program if necessary and ensure the desired results are achieved.

  • Terms and Conditions:

    • Terms and conditions apply to all training programs. It is assumed that registering for any training program implies the participants agreement to these terms, including registration, payment, and cancellation policies.

  • Prices and Discounts:

    • It is noted that the prices displayed on the website do not include a 5% value added tax. All prices are subject to discounts according to the companys policies.

European Quality of Training and Management Consulting reserves the right to change the location of the training program, change the accredited lecturers for program delivery, hold, or cancel the program in line with the companys vision and program conditions and our quality policy.

European Quality for Training and Consultancy is certified

ISO 9001-2015

All rights reserved

Course Options

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84
26 Jan 2025   :  30 Jan 2025
Manama
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27 Jan 2025   :  31 Jan 2025
Zurich
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02 Feb 2025   :  06 Feb 2025
Dubai
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03 Feb 2025   :  07 Feb 2025
Stockholm
4950$
10 Feb 2025   :  14 Feb 2025
Boston
6950$
16 Feb 2025   :  20 Feb 2025
Dubai
2950$
17 Feb 2025   :  21 Feb 2025
Roma
4950$
24 Feb 2025   :  28 Feb 2025
Prague
4950$
02 Mar 2025   :  06 Mar 2025
Dubai
2950$
03 Mar 2025   :  07 Mar 2025
San Francisco
6950$
03 Mar 2025   :  07 Mar 2025
Florida
6950$
03 Mar 2025   :  07 Mar 2025
Dublin
4950$
07 Apr 2025   :  11 Apr 2025
Geneva
4950$
14 Apr 2025   :  18 Apr 2025
Athens
4950$
20 Apr 2025   :  24 Apr 2025
Dubai
2950$
21 Apr 2025   :  25 Apr 2025
California
6950$
28 Apr 2025   :  02 May 2025
Washington
6950$
28 Apr 2025   :  02 May 2025
Berlin
4950$
28 Apr 2025   :  02 May 2025
Tbilisi
4950$
04 May 2025   :  08 May 2025
Dubai
2950$
04 May 2025   :  08 May 2025
Beirut
2950$
05 May 2025   :  09 May 2025
Copenhagen
4950$
11 May 2025   :  15 May 2025
Dubai
2950$
12 May 2025   :  16 May 2025
Los Angeles
6950$
19 May 2025   :  23 May 2025
Sydney
5950$
25 May 2025   :  29 May 2025
Dubai
2950$
25 May 2025   :  29 May 2025
Doha
3650$
02 Jun 2025   :  06 Jun 2025
Singapore
5950$
15 Jun 2025   :  19 Jun 2025
Dubai
2950$
22 Jun 2025   :  26 Jun 2025
Cairo
2450$
22 Jun 2025   :  26 Jun 2025
Riyadh
2950$
29 Jun 2025   :  03 Jul 2025
Dubai
2950$
30 Jun 2025   :  04 Jul 2025
Kuala Lumpur
3950$
07 Jul 2025   :  11 Jul 2025
London
4950$
13 Jul 2025   :  17 Jul 2025
Salalah
3450$
13 Jul 2025   :  17 Jul 2025
Dubai
2950$
14 Jul 2025   :  18 Jul 2025
Madrid
4950$
20 Jul 2025   :  24 Jul 2025
Kuwait
3250$
21 Jul 2025   :  25 Jul 2025
Beijing
4950$
27 Jul 2025   :  31 Jul 2025
Amman
2950$
28 Jul 2025   :  01 Aug 2025
Cyprus (Larnaka)
4950$
03 Aug 2025   :  07 Aug 2025
Dubai
2950$
04 Aug 2025   :  08 Aug 2025
Jakarta
3450$
10 Aug 2025   :  14 Aug 2025
Jeddah
2950$
10 Aug 2025   :  14 Aug 2025
Sharm El Sheikh
2950$
17 Aug 2025   :  21 Aug 2025
Dubai
2950$
18 Aug 2025   :  22 Aug 2025
Amsterdam
4950$
24 Aug 2025   :  28 Aug 2025
Casablanca
3950$
31 Aug 2025   :  04 Sep 2025
Dubai
2950$
01 Sep 2025   :  05 Sep 2025
Barcelona
4950$
01 Sep 2025   :  05 Sep 2025
Paris
4950$
08 Sep 2025   :  12 Sep 2025
Geneva
4950$
14 Sep 2025   :  18 Sep 2025
Dubai
2950$
15 Sep 2025   :  19 Sep 2025
Vienna
4950$
22 Sep 2025   :  26 Sep 2025
Munich
4950$
28 Sep 2025   :  02 Oct 2025
Dubai
2950$
29 Sep 2025   :  03 Oct 2025
Istanbul
2950$
29 Sep 2025   :  03 Oct 2025
Cape Town
5450$
29 Sep 2025   :  03 Oct 2025
Lisbon
4950$
05 Oct 2025   :  09 Oct 2025
Alkhobar
2950$
06 Oct 2025   :  10 Oct 2025
Toronto
5950$
12 Oct 2025   :  16 Oct 2025
Manama
2950$
12 Oct 2025   :  16 Oct 2025
Dubai
2950$
20 Oct 2025   :  24 Oct 2025
Boston
6950$
20 Oct 2025   :  24 Oct 2025
Stockholm
4950$
26 Oct 2025   :  30 Oct 2025
ON LINE
1750$
27 Oct 2025   :  31 Oct 2025
Roma
4950$
03 Nov 2025   :  07 Nov 2025
Prague
4950$
03 Nov 2025   :  07 Nov 2025
Washington
6950$
03 Nov 2025   :  07 Nov 2025
Hong Kong
5950$
09 Nov 2025   :  13 Nov 2025
Dubai
2950$
10 Nov 2025   :  14 Nov 2025
Dublin
4950$
16 Nov 2025   :  20 Nov 2025
Marrakech
3950$
17 Nov 2025   :  21 Nov 2025
Athens
4950$
23 Nov 2025   :  27 Nov 2025
Dubai
2950$
24 Nov 2025   :  28 Nov 2025
California
6950$
30 Nov 2025   :  04 Dec 2025
Cairo
2450$
30 Nov 2025   :  04 Dec 2025
Riyadh
2950$
07 Dec 2025   :  11 Dec 2025
Dubai
2950$
08 Dec 2025   :  12 Dec 2025
Kuala Lumpur
3950$
15 Dec 2025   :  19 Dec 2025
London
4950$
22 Dec 2025   :  26 Dec 2025
Madrid
4950$
28 Dec 2025   :  01 Jan 2026
Dubai
2950$
29 Dec 2025   :  02 Jan 2026
Vienna
4950$

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