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Forecasting In A Time Of Uncertainty
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40 STUDENTS
59m

This course is designed for those interested to learn the basics of forecasting during uncertain times, tools to use when forecasting, and how to become more agile when forecasting.

Read more.
Course Skill Level
Beginner
Time Estimate
59m

Instructor

Based in Scotland, I am a Fellow of the Chartered Institute of Management Accountants. I am a process improvement consultant and course author.

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About This Course

Who this course is for:

  • Accountants
  • Finance staff
  • Business managers
  • Trainee accountants

What you’ll learn: 

  • The purpose of forecasting
  • The problems of traditional approaches to forecasting
  • How to become more agile in your forecasting
  • Principles for Agile forecasting
  • A Methodology for Agile Forecasting
  • The Scrum Process
  • Tools for Forecasting in times of Uncertainty
  • Using simulation to explore possible outcomes
  • Using Relative Forecasting

Requirements: 

  • No prior knowledge is required to take this course

The days of “last year plus 3%” in forecasting are gone. The COVID19 pandemic has pretty much destroyed planning and forecasting as we know it.

So what do we do? And how can we forecast in a time of uncertainty?

Our “Forecasting In A Time Of Uncertainty” course will help you build a path through the fog of uncertainty. We cannot solve all your problems, but we can give you some tips and guidelines to help you move in the right direction.

This course will cover topics including:

  • Revisiting the purpose of forecasting
  • The problems of traditional approaches to forecasting
  • Applying Agile principles to forecasting
  • Criticisms of the Agile approach to forecasting
  • Identifying the Levers of Performance 
  • Using simulation to test possible and likely outcomes
  • Using Relative Forecasting

The course will help you become more responsive and adaptable in your forecasting methods and it will help you stress-test a wide range of possible outcomes, but there are no magic solutions. 

Forecasting in a time of uncertainty is, by definition, unpredictable. This course will not give you a definite prediction – no one can do that – but it will help you get better at forecasting. 

Our Promise to You

By the end of this course, you will have learned how to forecast during uncertain times. 

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about forecasting.

Course Curriculum

Section 1 - Introduction And Course Lectures
Revisiting The Purpose Of Forecasting 00:00:00
Becoming More Agile 00:00:00
A Methodology For Agile Forecasting 00:00:00
Tools For Forecasting In Times Of Uncertainty 00:00:00
Simulation 1 00:00:00
How Do We Know Our Data Is Normally Distributed 00:00:00
Simulation 2 00:00:00
Simulation 3 00:00:00
Relative Forecasting 00:00:00
Closing Remarks 00:00:00
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