Domain Specific Job Skills and Competencies
Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
BUD801-1
1 Week Training Program
Proactive Management of Budgeting & Forecasting Leveraging Data Analytics & Artificial Intelligence
Building Skills & Competencies in
Real Time Meaningful Performance Dashboards
Actionable Insights for Timely & Proactive Cost Management Decision Making
- Better Budgeting Management
- Meaningful Cost Control
- Improved Forecasting
- Enabling Better Timely Insight & Proactive Decision Support
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1 Week Training Programs
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Kualalumpur
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New Delhi
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New Delhi
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New York
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London
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Kualalumpur
| Dubai
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London
| New York
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Seattle, USA
| Istanbul
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New York
| Dubai
|
Kualalumpur
| London
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Useful Links
What is Covered in this Program
This Training provides the participant the Understanding, Skills, 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 program will help move your Budget, Cost Management & Forecasting Decision Making Firmly towards Management by Facts and Data.
This Training 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 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 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 program will also discuss data analytics based Emerging Opportunities.
This 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.
This Training provides the participant the Understanding, Skills, 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 program will help move your Budget, Cost Management & Forecasting Decision Making Firmly towards Management by Facts and Data.
This Training 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 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 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 program will also discuss data analytics based Emerging Opportunities.
This 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
This Training 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 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.
This program will be very useful for Budgeting, Cost Control, Cost Management and Forecasting Data Scientists, IT Developers and Management Analysts.
This Training 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 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.
This program will be very useful for Budgeting, Cost Control, Cost Management and Forecasting Data Scientists, IT Developers and Management Analysts.
Program Content & Modules
Proactive Management of Budgeting & Forecasting Leveraging Data Analytics & Artificial Intelligence
Budgeting & Forecasting Data Analytics Success Stories
Budgeting & Forecasting Artificial Intelligence Opportunities
Understanding the Budgeting & Forecasting Business Environment
Understanding Customers & Stakeholders and their Needs & Expectations
Understanding Budgeting & Forecasting Business Processes
Understanding the Useful Decision Support Data and Insights that can Help Improve Budgeting & Forecasting Operational and Strategic Performance
Identify Possible Emerging and Transitional Cost Control & Forecasting Business Opportunities
Faster, Real Time & Proactive Decisions before Cost reduction Opportunity Disappears or Diminishes
Data enabled Better Customer Focused, Cost Reduction, Strategic and other Corrective Decisions
Possible Automated or Semi-Automated Decisions
Emerging Technologies and Methods in Data Analytics and Artificial Intelligence (AI)
IT based Budgeting & Forecasting Process Data Collection
Emerging Trends & Opportunities for using Artificial Intelligence Provided Insights
Value Engineering using Budgeting & Forecasting Data Analytics
Regulatory, Contractual, Confidentiality & Privacy Aspects of Budgeting & Forecasting Data Analytics & AI
Understanding you Budgeting & Forecasting Business Decision Data & Insight Needs
Building the Initial Budgeting & Forecasting Decision Models
Identifying the Data Needs
Collecting the Required Data from Budgeting & Forecasting Internal and External Sources
Processing the Raw Budgeting & Forecasting Data
Analyzing the Data for Budgeting & Forecasting Decision Support Insights
Leveraging Ready Built Algorithms to Provide Budgeting & Forecasting Data Insights
Adding Improvements & Useful Features to the Budgeting & Forecasting Data Analysis Models
Cost Control & Forecasting Business Model Testing & Refinement
Determining Opportunities for Automated Decision Making
Proactively Identifying Complex Hidden Relationships
Proactively Consider Early Warning Signs of Budgeting & Forecasting Risks
Future world of Intelligent, Smart and Productive Budgeting & Forecasting Decision Making
Providing the Decision Support Data/Information to the Budgeting & Forecasting Decision makers
Program Recommendations
Personalized Outline Action Plan
1 Week Training Program
Outcomes & Takeaways
Outcomes and Takeaways Overview
Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
Multi-discipline understanding of Program Topics.
Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
Program related knowhow, skills, competencies and process knowledge.
This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
Domain Knowledge and process knowledge.
The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.
Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
Multi-discipline understanding of Program Topics.
Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
Program related knowhow, skills, competencies and process knowledge.
This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
Domain Knowledge and process knowledge.
The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.
Benefits to the Organization Sponsoring Participants to this program
(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)
Euro Training programs are different. They develop practical Job Skills.
This program is designed to make the participant aware of the domain processes, multi-discipline skills and competencies related to his job responsibilities.
Each program is customized and made useful for the particular participant group, our target is 90%+ topics directly applicable to the work today or in future.
Benefits you may see in participant post program...Inclination to Recognize his stakeholders, and their needs & expectations. He will also get understanding of how to analyze to find ways to exceed customer expectations and delight the customers.
High level Job skills & competencies
Taking Initiative to Propose Improvements in Work Responsibility Area.
Further, this program will Build Multi-Discipline Understanding, Skills and Competencies including (as relevant)...
Increased Technical and Process Knowhow
Awareness to the Need to align performance to the Needs and Expectations of Stakeholders/ Customers (internal & external)
Awareness of the Need to Align performance to Organizational Operational and Strategic Objectives.
Understanding Domain Good Management Practices, and, Awareness to meet Requirements and Recommendations of the Relevant Industry and Professional Standards.
Awareness to consider for possible application the Best Benchmarked Domain Practices that can assist making Dramatic Process Improvements.
Type of improvements the participant will be trained to analyze and implement include (as relevant) Productivity Improvements, Product and Service Differentiation and 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 applying the ideas, skills and competencies acquired during the training.
Participant Individual Career Benefits
First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing 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 multi-discipline aspects).
First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing 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 multi-discipline aspects).
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Registration & Fee Information
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Fee information is also available at:
PROGRAM-FEE-PAGE
Special Discounts May be Available Please email scholarships@eurotraining.com.
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To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above.
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- Fees are Payable by Bank Transfer or Bank Draft.
Program Fee for 1 Week (5 day/30 hrs) Training Program is:
(1) At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
(2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
(3) If Attending Online Training Fee is £2,000 (USD $2,500) per participant.
Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
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.
All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
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.
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.
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.
Program Fee for 1 Week (5 day/30 hrs) Training Program is:
(1) At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
(2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
(3) If Attending Online Training Fee is £2,000 (USD $2,500) per participant.