A Highly Interactive Training Course On

Integrating Budgeting, Forecasting & Business Planning

Financial Skills for Effective Long and Short-Term Planning

27-31 Jan 2025
Istanbul
$5,950
 
30 Jun-04 Jul 2025
Munich
$5,950
 
22-26 Sep 2025
London
$5,950
 
01-05 Dec 2025
Dubai
$5,950
 
02-06 Jun 2025
Online
$3,950
 
13-17 Oct 2025
Online
$3,950
 

Course Introduction

In today’s volatile markets, companies must continuously integrate their Business Plans with effective Budgeting, Forecasting, and Cost Analysis to achieve success. This Integrating Budgeting, Forecasting & Business Planning training course offers a comprehensive blend of theoretical knowledge and practical skills to establish world-class standards in planning, budgeting, performance measurement, and reporting. Through a combination of technique analysis, problem-solving exercises, and case studies, the course equips delegates with the essential concepts and hands-on skills needed to manage and control processes, projects, and departments. As global competition intensifies, understanding how to align budgets with strategic goals and cost tracking becomes increasingly critical.

Training Objectives

By attending this COPEX training course, you should achieve these goals:

  • Understand the Integration Among Planning, Budgeting and Costing
  • Appreciate Cost Behavior and Cost Allocation
  • Improve Budgeting and Financial Skills to Take Better Decision
  • Understand Capital Budgeting and Project Appraisal
  • Design Reports and KPIs for Measuring Performances

Who should Attend?

This COPEX training course is designed for anyone involved in the budget and business planning process within their organization. It is equally appropriate for those who manage projects and who wish to have a greater understanding of how budgets, business plans, and projects interlink.

This training course is suitable to a wide range of professionals who have budgetary control and are involved in the business planning process, including, but not limited to:

  • Professionals Who Require a More In-Depth Understanding of Integrated Planning & Budgeting Techniques
  • Accountants Responsible for Budget Preparation & Management Reporting
  • Financial Planners and Cost Analysts
  • Line Heads with Direct Planning and Budgeting Responsibility
  • Professional Advisers, Account Personnel and Business Consultants

Course Outline

Day One: Budgets and Strategy in Today’s International Environment
  • Organizational planning framework
  • The product / information / decision support cycle
  • Strategic, tactical and operational forecasts
  • The strategic approach to business planning
  • Various strategic and tactical approaches to business planning
  • The international business environment
Day Two: The Business Plan and Budget Development
  • Developing the business plan
  • Identification of key value drivers
  • Achieving objectives
  • Zero base budgeting
  • Activity based budgeting
  • Developing the Cash Budget
Day Three: Analysing the Applicability of Historical Data Using Excel®
  • Problems of forecasting
  • Using historical data to help predict the future
  • Forecasting
  • Development of Time Series Models
  • Using Regression Analysis as a predictor and estimator
  • Mastering the use of Exponential Smoothing as a Data Analysis tool
Day Four: Using Activity-Based Budgeting and Cost Analysis Techniques
  • Cost behaviour and breakeven analysis
  • Activity based costing
  • Budgeting for Processes rather than Departments
  • Defining Key Cost Drivers
  • Defining Key Activities
  • Developing the Activity-Based Budget
Day Five: Capital Budgeting and Project Appraisal
  • Identify the various types of capital projects
  • Discuss the capital project evaluation process
  • The impact time has on the value of money
  • Using WACC and ROIC as benchmarks
  • Development of the "Hurdle Rate" for capital projects
  • Evaluate capital projects by applying NPV, IRR, ARR Payback model

Certificates

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

What is included in the training fee?

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

Where do you usually hold your training courses?

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
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