7 Topics
5 Days
35 Sessions
Programme Overview
Training Description
- Corporate Planning Managers
- Treasury Professionals
- Business Finance Partners
- Department and Business Unit Heads
- Project and Programme Managers
- Risk Management Professionals
- Performance Management Specialists
- Public Sector Finance and Planning Officers
- NGO and Development Finance Professionals
- Professionals responsible for budgeting, forecasting, financial planning, and resource allocation
Session Objectives
- Master the principles of rolling forecasts and dynamic budgeting. Develop an agile framework for continuous financial planning. Analyze key business drivers to create more accurate forecasts. Transition from traditional budgeting to a more dynamic approach. Implement technology to automate forecasting and reporting processes. Align financial forecasts with strategic business objectives. Communicate forecast results effectively to senior leadership. Measure and report on the value and impact of dynamic budgeting. Foster a forward-looking, data-driven culture within the organization.
About the Course
Future-Proof Your Finances: Rolling Forecasts and Dynamic Budgeting is a practical training course designed to help finance and budgeting professionals move beyond rigid annual budgets toward more flexible, responsive, and forward-looking financial planning. The course focuses on using rolling forecasts, dynamic budgets, scenario planning, driver-based forecasting, and continuous performance monitoring to help organizations respond effectively to changing economic, operational, and market conditions.
Participants will learn how to design rolling forecast models, update financial assumptions continuously, connect forecasts to operational drivers, analyze emerging trends, and adjust budgets based on changing circumstances. The course also explores how technology, financial data, and performance analytics can improve forecasting accuracy and support faster management decisions.
Curriculum & Topics
7 Topics | 35 Sessions
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Workshop 1.1:
Understanding the limitations of traditional budgeting.
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Workshop 1.2:
Defining rolling forecasts and dynamic budgeting.
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Workshop 1.3:
Key benefits of a continuous planning approach.
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Workshop 1.4:
How agile finance enhances strategic decision-making.
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Workshop 1.5:
The role of technology in enabling agility.
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Workshop 2.1:
Defining the forecast horizon and cycle.
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Workshop 2.2:
Selecting key performance indicators (KPIs) and business drivers.
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Workshop 2.3:
Step-by-step guide to building your first rolling forecast.
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Workshop 2.4:
Tools for data collection and analysis.
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Workshop 2.5:
Integrating a rolling forecast into your monthly close process.
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Workshop 3.1:
How to shift from static to flexible budget allocations.
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Workshop 3.2:
Zero-based budgeting principles in a dynamic context.
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Workshop 3.3:
Event-based and driver-based budgeting models.
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Workshop 3.4:
Scenario planning and stress testing.
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Workshop 3.5:
Managing resources in an ever-changing environment.
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Workshop 4.1:
Overview of modern planning and analysis software.
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Workshop 4.2:
Leveraging data analytics and business intelligence (BI) tools.
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Workshop 4.3:
The role of cloud-based platforms.
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Workshop 4.4:
Automating data feeds and report generation.
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Workshop 4.5:
The future of AI and machine learning in forecasting.
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Workshop 5.1:
Linking rolling forecasts directly to corporate strategy.
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Workshop 5.2:
Communicating strategic priorities through the forecast.
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Workshop 5.3:
Using forecasts to evaluate strategic initiatives.
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Workshop 5.4:
The importance of alignment between finance and business units.
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Workshop 5.5:
Ensuring accountability in a dynamic planning cycle.
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Workshop 6.1:
Developing a communication plan for stakeholders.
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Workshop 6.2:
Training teams on new processes and tools.
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Workshop 6.3:
Overcoming resistance to change.
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Workshop 6.4:
Presenting forecast insights to leadership.
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Workshop 6.5:
Building a culture of financial literacy and transparency.
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Workshop 7.1:
Implementing a rolling forecast in a large enterprise.
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Workshop 7.2:
The challenges of global implementation.
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Workshop 7.3:
Real-world success stories and lessons learned.
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Workshop 7.4:
Continuous improvement for your forecasting process.
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Workshop 7.5:
Workshop: Building a dynamic model for a case study company.
