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Course ID: 5238 | Course Duration: 1 Day
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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.

 
     
     
  Course Details  
     
     
  Agenda  
 

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

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

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

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

 
     
     
  Pre-requisites  
  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  
     
  Course ID: 5238 | Course Duration: 1 Day  
     
  Locations:  
     
   
     
 
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01/07/2009 $195.00    Waltham, MA Register Online For The 01/07/2009 Event Request More Information   Register By Fax For The 01/07/2009 Event
03/09/2009 $195.00    Boston, MA Register Online For The 03/09/2009 Event Request More Information   Register By Fax For The 03/09/2009 Event
Request More Information Request More Information    Culver City, CA Request More Information  
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On-Site Training Bring this Forecasting and Trend Analysis Using Microsoft Office Excel 2003 training class in-house at your facility. Request More Information Request More Information On Forecasting and Trend Analysis Using Microsoft Office Excel 2003
 
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