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Forecasting and Trend Analysis Using Microsoft Office Excel 2003 Training Class
Course ID: 5238
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Forecasting and Trend Analysis Using Microsoft Office Excel 2003 Training Seminar
Overview: In this course, experienced Excel users gain an understanding of advanced data forecasting and charting techniques. It covers the risks and benefits of forecasting, different forecasting and trending methods, and ways to maximize profit potential.
Who Should Attend: This course is designed for experienced Microsoft Excel users, including project managers, financial analysts, accountants, business owners, and other business professionals who have a vested interest in forecasting trends at the industrial, corporate, and project levels. This audience uses Excel on a regular basis and has no difficulty creating formulas, charts, and cell formats.
At Course Completion: After completing this course, students will be able to: - Describe the role data forecasting plays in organizational planning. - Identify the positive and negative aspects of data forecasting. - Create formula-based data forecasts. - Define best, middle, and worst case scenario data. - Establish target values using Goal Seek. - Calculate moving averages. - Chart moving averages interactively. - Calculate Net Present Value and Internal Rate of Return. - Define and solve problems in Solver.
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Agenda |
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Lesson 1: The Risks and Benefits of Forecasting Data
What Is Data Forecasting? The Business Needs for Data Forecasting Summary of the Risks and Benefits of Data Forecasting
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Lesson 2: Creating Formula-Based Forecasts
Three Formula-Based Forecasting Resources Walkthrough: Creating Forecasts from Existing Data Demonstration: Analyzing Data by Using Goal Seek Exercise: Establishing Targets by Using Goal Seek Tips and Tricks for Formula-Based Forecasts
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Lesson 3: Forecasting Using Moving Averages
What Is a Moving Average? What Decisions Do Moving Averages Help Me Make? Walkthrough 1: Calculating and Charting a Moving Average Walkthrough 2: Creating an Interactive Chart Tips and Tricks - Refining Moving Average Analysis
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Lesson 4: Maximizing Profit Potential
Net Present Value and Internal Rate of Return Walkthrough 1: Calculating Net Present Value Walkthrough 2: Calculating Internal Rate of Return Introduction to Solver Walkthrough 3: Determining Optimal Project Mixes Discussion: Best Practices for Defining Problems in Solver Summarizing Data Forecasting Benefits Next Steps
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Pre-requisites |
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Experience with analyzing business data to make decisions about products, projects, and strategic direction.
The ability to use Excel to create formulas, including advanced formulas using the Insert Function dialog box.
The ability to create line graphs and column charts from Excel data.
Familiarity with named ranges in Excel
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Forecasting and Trend Analysis Using Microsoft Office Excel 2003 Training Course Dates and Locations
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Course ID: 5238
| Course Duration: 1 Day
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