In a constantly changing and adapting era, this course is meant to provide vital tools needed for proper planning and links budget types and specific cases in the economy, combining methodology with business practice in different areas and different industries.

With the help of examples, case studies and simulations in Excel, participants will understand in detail the forecasting process, its stages, but especially how to include in their daily activity the most effective qualitative and quantitative forecasting methods. Subsequently, they have the opportunity to learn about budgeting: from the planning and control cycle at the company level to the behavioral implications induced by the different budgeting systems.

• The forecasting importance;
• Steps of the forecasting system;
• Qualitative and quantitative methods of forecasting;
• Models based on chronological series and associative models;
• Responsibility regarding costs as routine or difficult task?!
• Planning versus control;
• Manageable and unmanageable costs;
• Functional budgeting examples (e.g marketing, human resources, operations);
• Motivation in budgeting systems;
• Budgeting limitations versus limitations budget;
• Different budgeting systems.

EXEC-EDU certificate.

• 375 EUR (VAT not included)