Euro Training Limited Training Programs, Workshops and Professional Certifications
...

Specific Job Related Process Knowledge and Skills

Including Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI on his Job
Audio version brochure
BUD801-2
2 Weeks of Process Good & Best Practices

Proactive Management of Budgeting & Forecasting Leveraging Data Analytics & Artificial Intelligence

Building Hands-on Skills & Competencies in

  1. Better Budgeting Management
  2. Meaningful Cost Control
  3. Improved Forecasting
  4. Enabling Better Timely Insight & Proactive Decision Support
www.eurotraining.com/bro/bud801-2.php

2 Week Job Process Good & Best Practices Training

Seattle, USA
16-27 Dec 2024
London
30 Dec 2024- 10 Jan 2025
Dubai
6-17 Jan 2025
Kualalumpur
20-31 Jan 2025
Dubai
3-14 Feb 2025
London
17-28 Feb 2025
New York
2-13 March 2025
Seattle, USA
16-27 March 2025
Istanbul
30 March-10 April 2025
New York
13-24 April 2025
Dubai
27 April-8 May 2025
Kualalumpur
11-22 May 2025
London
25 May-5 June 2025



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What is Covered in this Process Approach Program?

  1. This Training Workshop provides the participant the Understanding, Processes, Process Knowledge, Good and Best Practices and the Competencies for Leveraging Data Analytics, Business Intelligence & Artificial Intelligence to help your Budgeting & Forecasting Unit provide better actionable inputs for Decisions, Faster Decisions, Proactive Decisions, Real Time Decisions and Automated Decision as applicable.

    Using Budgeting, Cost Control and Forecasting Internal and External Data this Program's Methods can help you Utilize Emerging Budgeting & Forecasting Opportunities, Reduce Costs, Improve Customer Experience, Increase Customer Satisfaction, Exceed Customer Expectations and help your internal customers utilize every opportunity to move towards your organizational Strategic Objectives.

    By use of these Globally Benchmarked Data Analytics Methods you assist the internal customers Improve the Probability of Making the Right Decision Under the Usual Environment of Uncertainty and Risk. This Insight will give the decision makers early and timely information to help Course Correct, implement the contingency planning, and otherwise effectively and efficiently manage the Emerging Changes, Problems and Opportunities. This Job Process Competency program will help move your Budget, Cost Management & Forecasting Decision Making Firmly towards Management by Facts and Data.
  2. This Training Workshop will build competencies in Identifying, Collecting, Analyzing and Reporting Internal and External Data useful for your Budgeting, Cost Control and Forecasting Decision Making.

    This Data Analysis and AI utilizes Internal Budget and Performance Data, Data Mined from your Operational Data and Communications, External Product or Service Data, External Customer Data, External Innovation Data, External Price Data and other data.

    This Job Process Competency program will make the participant aware of the Tools, Statistical Tools, Methods, Sources, Software, and Packages that will be used by the Data Analytics Professionals.

    This Job Process Competency program will discuss the Budgeting, Cost Control and Forecasting Processes and Other related Knowledge that is essential to better appreciate customer and stakeholder needs. This Job Process Competency program will also discuss data analytics based Emerging Opportunities.

    This Job Process Competency program will discuss Data Analytic System Design Team Processes, Managing Data Analytic Solution Implementation Contractors, Applying the Data Analytics to Budgeting & Forecasting Decision Making, Help Understand, Build and Improve your Budgeting & Forecasting Decision Models, Help Collect and Suggest Budgeting and Forecasting Data and Data Types and generally become a productive participant in Data Analysis and Improvement Teams.

Who Should Attend

  1. This Training Workshop is intended for Budgeting, Cost Control, Cost Management and Forecasting Management Professionals and Managers who need a deeper understanding and hands on practice of the issues and competencies required. This Job Process Competency program will also be useful for Department and Business Unit Heads who wish to get deeply involved in the Budgeting & Forecasting using Data Analytics, BI and AI.
  2. This Job Process Competency program will be very useful for Budgeting, Cost Control, Cost Management and Forecasting Data Scientists, IT Developers and Management Analysts.

Program Content & Processes

Proactive Management of Budgeting & Forecasting Leveraging Data Analytics & Artificial Intelligence


  1. Budgeting & Forecasting Data Analytics Success Stories
  2. Budgeting & Forecasting Artificial Intelligence Opportunities
  3. Understanding the Budgeting & Forecasting Business Environment
  4. Understanding Customers & Stakeholders and their Needs & Expectations
  5. Understanding Budgeting & Forecasting Business Processes
  6. Understanding the Useful Decision Support Processes Data and Insights that can Help Improve Budgeting & Forecasting Operational and Strategic Performance
  7. Identify Possible Emerging and Transitional Cost Control & Forecasting Business Opportunities
  8. Faster, Real Time & Proactive Decisions before Cost reduction Opportunity Disappears or Diminishes
  9. Data enabled Better Customer Focused, Cost Reduction, Strategic and other Corrective Decisions
  10. Possible Automated or Semi-Automated Decisions
  11. Emerging Technologies and Methods in Data Analytics and Artificial Intelligence (AI)
  12. IT based Budgeting & Forecasting Process Data Collection
  13. Emerging Trends & Opportunities for using Artificial Intelligence Provided Insights
  14. Value Engineering using Budgeting & Forecasting Data Analytics
  15. Regulatory, Contractual, Confidentiality & Privacy Aspects of Budgeting & Forecasting Data Analytics & AI
  16. Understanding you Budgeting & Forecasting Business Decision Data & Insight Needs
  17. Building the Initial Budgeting & Forecasting Decision Models
  18. Identifying the Data Needs
  19. Collecting the Required Data from Budgeting & Forecasting Internal and External Sources
  20. Processing the Raw Budgeting & Forecasting Data
  21. Analyzing the Data for Budgeting & Forecasting Decision Support Processes Insights
  22. Leveraging Ready Built Algorithms to Provide Budgeting & Forecasting Data Insights
  23. Adding Improvements & Useful Features to the Budgeting & Forecasting Data Analysis Models
  24. Cost Control & Forecasting Business Model Testing & Refinement
  25. Determining Opportunities for Automated Decision Making
  26. Proactively Identifying Complex Hidden Relationships
  27. Proactively Consider Early Warning Signs of Budgeting & Forecasting Risks
  28. Future world of Intelligent, Smart and Productive Budgeting & Forecasting Decision Making
  29. Providing the Decision Support Processes Data/Information to the Budgeting & Forecasting Decision makers
  30. Strategy Options and Solution for Budgeting & Forecasting Data Analytics & AI Application
  31. Future Needs and Emerging Trends in Budgeting & Forecasting Data Analytics
  32. Understanding Budgeting & Forecasting Data and Data Analytics Insights
  33. Specifying the Budgeting & Forecasting Data Analytics Insight Requirements
  34. Providing Informed Budgeting & Forecasting Guidance to Data Analytic System Developers
  35. Participating in Budgeting & Forecasting Data Analytic System Design Team Processes
  36. Managing Budgeting & Forecasting Data Analytic Solution Implementation IT Contractors
  37. Applying the Budgeting & Forecasting Data Analytics Insights to your Business Decision Making
  38. Contributing towards building your Budgeting & Forecasting Business Decision Models
  39. Helping Collect and Suggest Budgeting & Forecasting Unit Data and Data Types
  40. Helping Becoming a Productive participant in Budgeting & Forecasting Data Analysis and Improvement Teams
  41. Workshop 1
  42. Processes for Deeper Insights into Budgeting & Forecasting Data Analysis Processes, Processes & Competencies
  43. Workshop 2
  44. Program Recommendations
  45. Detailed Personalized Post Program Budgeting & Forecasting Action Plan

2 Week Job Process Skills Training

Outcomes & Takeaways

Job Process Good & Best Practices Workshop Outcomes and Takeaways
  1. The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
  2. A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
  3. The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
  4. What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
This 2 Week Training Workshop participant will typically take away...
  1. Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
  2. Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's above mentioned Planned Outcomes and Takeaways)

  • This Euro Training programs is different. It develops practical Job Process Skills.

    Benefits you may see in participant post program behavior...
    • Inclination to Recognize his Processes Customers and Stakeholders, and their Needs & Expectations.
    • Higher level of Relevant Multi-discipline Job Process Skills
    • Taking Initiative to Propose and help implement Process Improvements in his Work Responsibility Area.
  • How your Participant will Change after attending the program?...
    • Increased Work Process Performance Knowledge
    • Awareness to the Need to align process performance to the Needs and Expectations of Stakeholders and Customers (internal & external)
    • Awareness of the Need to Align Process Performance to Organizational Operational and Strategic Objectives.
    • Implement Good Management Practices during Process Performance, and, Gain Awareness to meet Requirements and Recommendations of the any Applicable Industry and Professional Standards.
    • Skill Sets for possible implementation the Program Discussed Action Plan for Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant)

          (a) Productivity Improvements

          (b) Product and Service Differentiation

          (c) Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when apply the ideas and skills acquired during the training.

Participant Individual Career Benefits
Job Satisfaction & Advancement

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
  2. Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
  4. Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects     (as applicable):

    Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).

Registration Form

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Registration & Fee Information (2 Week Workshops)

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • 2 week (60 hrs) Training Workshop:
      Classroom Training at Dubai, Kuwait, New Delhi, Qatar £6,990 (USD $8,900) per participant.
      Classroom Training at London, US Locations, Europe, Malaysia, Singapore £7,689 (USD $9,790) per participant.
      Online eTraining Fee £3,500 (USD $4,375) per participant.
    Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
  4. Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
  5. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  7. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  8. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  9. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  10. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.

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