Forecasting, Planning & Budgeting Techniques - with Excel


Cost for BPP PD Members: £432 + VAT 6 CPD Hours
(£624.00 + VAT for non BPP PD Members Click Here for details of our membership scheme).

Make informed decisions in a flash


Spreadsheet authors, managers, company advisers and other members of staff from all functional areas needing to further their Excel skills in developing departmental forecasts, plans or budgets. This course is open to anyone wishing to gain more practical experience in Excel reporting and making use of statistical data.

Course Content

This one day course offers hands-on training surrounding contemporary techniques in Excel which enable us to perform fast and accurate forecasting, planning and budgeting practices as part of the management accounting function. We are introduced to specialist functions that cut through all of the traditional calculations of the past, and bring new and more efficient ways of producing high-quality spreadsheets that facilitate decision making. All within an easy to use format right within Excel.

This course includes how to handle seasonality in a business with many peaks and troughs, and how to make sense of it all. Plus lots to take away after the course for own use.

By the end of the course, participants will:

  • Become confident in forecasting quickly and accurately, by using tools to make effective decisions
  • Make sense of equations like y=mx+b and apply them straight away
  • Develop quality decision-making models and build a business plan for further detailed planning
  • Run pre-calculated and re-calculated budgeting models and perform sensitivity analysis

Learning outcomes include a greater understanding of:

  • Forecasting, planning and budgeting as part of the management accounting function
  • Modern quantitative methods used for forecasting
    • Identifying trends using industry approved techniques
    • Perform a regression analysis
    • Working with seasonality (a specialist model for dealing with peaks and troughs)
    • Several approaches to predicting future outcomes
  • Budgeting & Planning techniques
    • The deterministic plan
    • Profit optimisation using a special toolpak
    • Sensitivity analysis and dynamic tables to facilitate budgeting
    • Introduction to stochastic planning
    • Scenario modelling on a budget spread
    • Building several calculated budget models into the memory
  • Functions
    • The forecasting family
    • Calculating seasonality and time-series
    • Constrained random number generation
    • Conditional/Error
    • Array constants
  • Bonus topics
    • Consolidation options and budget import
    • How to report high-level info on an overview screen
    • Bonus take-away - specialist models for own use
    • Homework topics for further study, including follow-up review and support

    All exercises and project files used on the course will be available to take home.

    "A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."

    Course Dates

    Location Dates Time Availability  
    London 28 Jun 2019 9:30 AM - 4:30 PM  Spaces Book Now
    London 26 Sep 2019 9:30 AM - 4:30 PM  Spaces Book Now
    Birmingham 17 Oct 2019 9:30 AM - 4:30 PM  Spaces Book Now
    London 18 Nov 2019 9:30 AM - 4:30 PM  Spaces Book Now
    London 13 Dec 2019 9:30 AM - 4:30 PM  Spaces Book Now

Membership Scheme

You and your firm could be saving £000's on your CPD training. Find out how to join our membership scheme and receive immediate benefits.

Tailored training

We can tailor any of our public courses to meet your needs as well as providing completely bespoke training solutions. Learn more about tailored training.

Special Assistance Policy