Project Budgeting and Forecasting (Basic)

Effective budgeting and forecasting are essential for successful project planning and control. This foundational program equips participants with the basic principles, tools, and techniques to prepare project budgets, track expenses, and forecast financial performance.

Participants will learn how to estimate costs, allocate resources, and monitor financial performance while gaining the confidence to communicate basic budget and forecast information to stakeholders.
 

• Understand the fundamentals of project budgeting and forecasting.
• Prepare basic project budgets and track expenditures.
• Apply simple forecasting techniques to predict project financial outcomes.
• Identify and address basic cost variances and financial risks.
• Communicate budget and forecast information clearly to project stakeholders.