Budgeting, Forecasting and Planning

In managing finances, managers are tasked with the crucial responsibility of creating and overseeing budgets, involving various decisions that require careful planning and forecasting. This course, utilizing examples and exercises from the gas and oil industry, is crafted to demystify financial complexities in an informative and engaging manner. Its objective is to equip participants with essential skills for developing effective strategic planning, forecasting, and budgeting processes.

The primary goal is to foster an understanding of the framework that underlies strategies for annual budgeting, promoting efficient management and organizational performance. The training will elucidate financial terms and budgeting tools, catering to both financial and non-financial professionals, and offering a practical understanding applicable to their work environments. The course incorporates numerous examples, budgeting formats, and case studies. Our course will explain financial terms and budgeting tools in such a way that a financial professional or even a non-financial professional will be able to understand and relate to them in their working environment. It will include a lot of examples, a budgeting format and case studies.