* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
Capital Project budgeting is an integral financial planning process used to determine whether long-term investments will yield positive returns and align with corporate strategy. Much like performing an investment appraisal, capital budgeting helps organizations analyse the merits of key spending initiatives such as the expansion of facilities, the development of new product lines, or any other significant capital investments.
What Do Participants Learn?
By the end of the program, participants will be able to:
– Build budget templates and models for their departments or organizations.
– Apply several forecasting techniques to better manage uncertainties in budgeting.
– Assess capital budgeting decisions using several methods and recommend proper action.
– Utilize Microsoft Excel functions and tools in the budgeting process.
– Evaluate the budgeting process in their organization and recommend improvements.
Who Should Attend?
All managers, supervisors and analysts who plan, design, execute, and/or monitor management budgets. Professionals interested in determining the viability and success factors of capital projects
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Budgeting and Planning
The Budget and the Functions of Management.
Budget as a Planning Tool.
Budgets and the Key Financial Statements.
Top-Down versus Bottom-Up Process.
Budget Cycle, Process and Approaches
The Budget Cycle
The Characteristics of Successful Budgeting.
Making the Budget a Value-Adding Activity.
Top Ten Problems with Budgeting.
Choosing the Proper Budgeting Approach:
Rolling (Continuous) Budgets and Forecasts.
The Master Budget and its Components.
Operating and Capital Budgets.
Best Practices in Budgeting.
Creating a User-Friendly Template.
Qualitative and Quantitative Methods.
Steps in Developing Forecast Models.
Time Series and Trend Analysis.
Data Conditioning Techniques.
Exponential Smoothing and Moving Averages.
Simple and Multiple Regression Analysis.
Advanced Capital Budgeting Evaluation Techniques
Business Risk and Cost of Capital.
Classifying Investment Projects.
Cash Flow Estimation.
Analyzing Investment and Operating Cash Flows.
Time Value of Money Concept.
The Required Rate of Return.
Net Present Value (NPV).
Internal Rate of Return (IRR).
Multiple Internal Rates of Return.
Modified Internal Rate of Return (MIRR).
Profitability Index (PI).
Pay-Back Period and Discounted Pay-Back Period.
Comparing and Evaluating Techniques.
Sensitivity and Risk Analysis.
Break even Analysis and Optimization Techniques
Cost-Volume-Profit (CVP) Analysis.
Using CVP to Reach a Target Income.
Single Product and Multiple Products Break even Analysis.