Advanced Budgeting, planning & Forecasting Course in Dubai, UAE

Overview Objectives Audience Methodology Contents Certificate FAQ's

Course Overview

Budget planning and forecasting are two of the most important tasks which provides direction and financial objectives of an organization. This Advanced Budgeting , planning and Forecasting programme provides an overview of the essential tools and the skills to build world-class standards into your planning, budgeting, performance measurement & reporting system, looking at new and best practice techniques, explain how they complement the traditional financial planning tools, and introducing new concepts for measuring and reporting performance to enhance shareholder wealth creation or provide value for money for Stakeholders. Important elements of this programme include:

Making your budgeting process more efficient & effective
Understanding how to motivate managers to -buy into- to the budget process in an honest and effective way
Using case studies and illustrations from real companies to help delegates understand how to apply different planning, forecasting and analysis techniques

Important Features

The important features of the Advanced Budgeting, planning and Forecasting training course are:

Budgetary problems – uncertainty, lacking transparency, forecast accuracy, objectivity, game playing
Binding the budget to strategy, business planning, and forecasting processes
Simple statistical and non-statistical techniques to improve forecast accuracy
Rolling forecasts, Driver based, Zero Based and activity-based budgeting
Making budgets management friendly

Learning Objectives

By the Advanced Budgeting, Planning and Forecasting course, delegates will be able to understand:

How to implement advanced planning and control techniques into your budgeting process
Know how to integrate the budgeting process with the development of the company’s long-term strategic vision
Know how to provide a decision support structure that provides timely and useful information to decision makers
Successfully build integrated planning, budgeting and reporting process
Know how to forecast costs and revenues with greater confidence
Apply management tools to the budgeting process that contribute to strategic goals
Effectively manage the budgeting process
Identify key performance indicators for effective and focused decision making
Develop ways to increase profitability and performance through streamlined planning and reporting

Target Audience

All professionals responsible for budget preparation and management reporting
All process owners who require a more in-depth understanding of integrated planning and budgeting techniques,
Personnel wanting to understand more about Financial planning and cost analysis
Anyone with direct planning and budgeting responsibility, as well as managers, budget holders, advisors, accountants and business consultants

Training Methodology

This highly practical and results-oriented program is based on adult learning concept. The facilitator will give plenty of input and then help participants to make sense of the themes through discussion and practice. It incorporates short inspiring demonstrations, role play and much practice to enhance learning. There will be ample time for Q&A, discussions with -return to work- action planning. The course will reinforce key concepts within an inspiring and engaging learning environment.

Pre & Post course assessments will be used to measure the effectiveness of this training and measure the skill and ability of participants.

Course Contents

Module 1 -Budgets in Today's International environment

Key Topics

Organizational Planning and Control Framework
The Product / Information / Decision Support Cycle
Strategic, Tactical, and Operational Forecasts
The purpose of planning and budgeting in business
Defining the strategic approach to business planning
Building the strategic planning model using financial data
Various strategic and tactical approaches to business planning
Defining the Decision-Support model: Assumptions/Goals and Key Success Factors

Module 2 - Budgeting and Planning

Key Topics

The budget and the functions of management
Budget as a planning tool
Budgets and the key financial statements
The top-down versus bottom-up process

Budget Cycle, Process and Approaches

The budget cycle
Characteristics of successful budgeting
Making the budget a value-adding activity
Top ten problems with budgeting

Module 3 - Approaches to Budget Development

Key Topics

Zero Base Budgeting
Activity-based Budgeting
- Developing the ABB application model
- Budgeting for Processes rather than Departments
- Defining Key Cost Drivers
- Defining Key Activities
- Development of ABB Cost Standards
- Developing the Activity-Based Budge
Rolling Budgets
Operational Unit Budgeting
Choosing the proper budgeting approach:
Incremental budgeting
Flexible budgeting
Kaizen budgeting
Programme budgeting
Developing the Cash Budget

Module 4 - Forecasting Techniques

Key Topics

Identifying fixed, variable and semi-variable costs
Application of Regression in the development of budgets
Building the financial simulation model using articulated financial statements
Building the financial simulation model using simulation
Forecasting models
Qualitative and quantitative methods
Steps in developing forecasting models
Data conditioning techniques
Exponential smoothing and moving averages
Simple and multiple regression analysis

Module 5 - Advanced Capital Budgeting Evaluation Techniques

Key Topics

Business risk and cost of capital
Classifying investment projects
Cash flow estimation
Analyzing investment and operating cash flows
The time value of money concept
The required rate of return
Net Present Value (NPV)
Internal Rate of Return (IRR)
Multiple internal rates of return
Modified Internal Rate of Return (MIRR)
Profitability Index (PI)
Payback period and discounted payback period
Capital rationing
Comparing and evaluating techniques

Classroom Session

Kigali

19 - 23 Oct 2026

$5,600

Dubai

07 - 11 Dec 2026

$5,600

Dubai

01 - 05 Feb 2027

$5,600

Johannesburg

31 May - 04 Jun 2027

$5,600

Kuala Lumpur

26 - 30 Jul 2027

$5,950

Dubai

27 Sep - 01 Oct 2027

$5,600

Kigali

04 - 08 Oct 2027

$5,600

Dubai

06 - 10 Dec 2027

$5,600

More Schedules

Online Session

Duration: 2 Hrs X 8 Days

Starting Date

02-Nov-2026

$3,000

Starting Date

25-Jan-2027

$3,500

Starting Date

25-May-2027

$3,500

Starting Date

06-Sep-2027

$3,500

Starting Date

23-Nov-2027

$3,500

More Schedules

Related Category

Share These Course

Certificate

Upon successful completion of this training, participants will receive a PROMISE Certificate of Completion.

Certificate

Upon successful completion of this training, participants will receive a PROMISE Certificate of Completion.

This Program has been approved for 25.00 HR (General) recertification credit hours toward aPHR , aPHRi , PHR®, PHRca®, SPHR®, GPHR®, PHRi and SPHRi recertification through HR Certification Institute® (HRCI®)

testimonials

[testimonial_heading]

An exceptional learning experience. This stands out as one of the most comprehensive and well-structured courses I have encountered in my career.