Forecasting
A planning tool which helps management in its attempts to cope with the uncertainty of the future. It starts with certain assumptions based on the management's experience, knowledge and judgment. These estimates are projected into the coming months or years, enabling the organisation to understand what may happen in the future.
LMC Courses cover over 150 business skills. If you are interested in learning about and acquiring a skill in
FORECASTING, the following courses may be of interest:
- Business Planning and Growth Strategies for World-Class Leaders PL31
This course will examine the reasons for profitability restrictions that are occurring in established industries as they compete within their existing marketplaces.
- Essential Management Accounting F69
This course will explore cutting edge management accounting techniques and how they can transform an organisation's operations and prospects. Successful application of these techniques will help organisations achieve and sustain competitive advantage.
- Financial Information Management and Reporting F05
This course explores the value of data and data analysis techniques available to an organisation to provide verifiable evidence to support strategic and operational decision-making.