Course Description
Forecasting is critical to the functioning and success of every business, from small companies to giant corporations. In this hands-on seminar, you'll discover the basics you need to assemble data and build forecasts that help power the operations, finance, production, and planning functions in your organization. You'll master the foundational vocabulary and skills to create forecasts on your own, and you'll learn to translate and appraise the forecasts of others. In addition, you'll understand how to interpret the meaning of any forecast, whether it's your own company's or that of the competition. Whether you're new to forecasting or simply in need of a briskly paced refresher, this seminar will help you see into-and plan-your company's future! Note: Please bring a laptop with Excel installed to this seminar.
Agenda
1. Introduction to business forecasting
2. Basic statistical techniques
3. Forecasting techniques and methods
4. Getting started: Making underlying
assumptions
5. Identifying data patterns: Exploratory
analysis concepts
6. Time series and their components
7. Using Excel as your forecasting tool
8. Forecasting performance measurements
9. Simple and multivariate linear
regression
10. Summarizing and displaying data in Excel
11. New directions in financial forecasting
Cancellation:Transfer, Cancellation and Refund Policy. For Classroom, Live Online and Webinar programs, you may transfer to a future session, send someone to take your place or cancel without penalty at any time up to three weeks prior to your program. If you provide AMA with less than three weeks’ notice, or fail to attend, you will be liable for the entire program fee.
Programs included in AMA OnDemand offerings are not eligible for substitution, transfer, cancellation, return or refund.
We appreciate that this is an important investment for you and your company and would like to accommodate your needs the best we can. Please call us if you have any questions.
Audience
- Any financial
professional who needs to create, maintain, and improve the forecasting
process at his or her company
- Professionals in
any function who must interpret, analyze, and make decisions based on
forecasts created by others